A continuity property for local price adjustment mechanisms

DOI10.1016/S0304-4068(98)00035-4zbMath0943.91034MaRDI QIDQ1300424

John D. Herrmann, Peter J. Kahn

Publication date: 21 August 2000

Published in: Journal of Mathematical Economics (Search for Journal in Brave)

zbMATH Keywords

price adjustment mechanismtatonnement processlocal stable processlocally continuity propertyset of economies

Mathematics Subject Classification ID

Special types of economic equilibria (91B52) Microeconomic theory (price theory and economic markets) (91B24) Economic growth models (91B62)

Related Items (1)

Tatonnement beyond gross substitutes? Gradient descent to the rescue

Cites Work

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• Differential Topology
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• Connectedness of the Set of Stable Equilibria
• Economies with a Finite Set of Equilibria

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