Global stability condition on the plane: a general law of demand

DOI10.1016/J.JET.2006.03.013MaRDI QIDQ2373793zbMATH OpenOpenAlexFDO

Authors Anjan Mukherji

Publication date 16 July 2007

Published in Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.jet.2006.03.013

zbMATH Keywords

Dulac's criteriondynamics on the planeexcess demand functionsglobal stability conditionslaw of demand

Mathematics Subject Classification ID

Consumer behavior, demand theory (91B42) Trade models (91B60)

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• Market Dynamics and the Law of Demand
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Cites work

• A convergent process of price adjustment and global Newton methods
• Excess demand functions
• Global instability in experimental general equilibrium: the Scarf example
• Global stability in a class of markets with three commodities and three consumers
• scientific article; zbMATH DE number 3484411 (Why is no real title available?)
• scientific article; zbMATH DE number 3220624 (Why is no real title available?)
• scientific article; zbMATH DE number 3301273 (Why is no real title available?)
• Market Dynamics and the Law of Demand
• Market Excess Demand Functions
• Nonlinear oscillations, dynamical systems, and bifurcations of vector fields
• On the differential equations of species in competition
• On the Stability of Competitive Equilibrium and the Patterns of Initial Holdings: An Example
• Some Examples of Global Instability of the Competitive Equilibrium

Cited in

(9)

• An N-dimensional version of Scarf's example
• Global stability in a class of markets with three commodities and three consumers
• Global stability of the competitive economy involving complementary relations among commodities
• The law of demand implies limits to chaos
• A top dog tale with preference complementarities
• Market Dynamics and the Law of Demand
• Uniqueness, stability, and local comparative statics for competitive equilibrium
• Stability criteria with nonlinear eigenvalues for diagonalizable nonlinear systems
• A note on the global stability condition of price adjustment processes on the plane

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