Economic Evolution and Equilibrium Bridging the Gap / by Marco Lehmann-Waffenschmidt.

theory,whichformalizesa dynamiceconomicsystemasa systemofdi?erence, or di?erential, equations. There equilibria mean ‘equilibrium trajectories’ of the whole evolution that, in a certain sense, are optimal. A particularly un- tisfactory feature of this conceptualization of an equilibrium, however, is...

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Bibliographic Details
Main Author: Lehmann-Waffenschmidt, Marco (Author)
Corporate Author: SpringerLink (Online service)
Format: eBook
Language:English
Published: Berlin, Heidelberg : Springer Berlin Heidelberg : Imprint: Springer, 2007.
Edition:1st ed. 2007.
Series:Lecture Notes in Economics and Mathematical Systems, 591
Springer eBook Collection.
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