Search results

The results of your search are shown below. If you prefer, you may use the filter options to refine the list further, or search again.

Your search for "uniqueness of equilibrium" over the article keywords returned 17 results.

Articles on topic:
  • All Articles

1. incomplete markets

‘Incomplete markets’ describes a market structure in which there are effective constraints on which bundles of goods may be exchanged with each other. ...

By Charles Wilson. From The New Palgrave Dictionary of Economics, Second Edition, 2008

2. gross substitutes

The gross substitute assumption is used to establish the existence and uniqueness of an equilibrium and to prove the equilibrium to be stable for a dynamic ...

By Lionel W. McKenzie. From The New Palgrave Dictionary of Economics, Second Edition, 2008

3. factor prices in general equilibrium

In general equilibrium models with linear or nonlinear activities, factor prices can be indeterminate and agents will have an incentive to non-competitively ...

By Michael Mandler. From The New Palgrave Dictionary of Economics, Second Edition, 2008

4. repeated games

This article shows why self-interested agents manage to cooperate in a long-term relationship. When agents interact only once, they often have an incentive ...

By Kandori Michihiro. From The New Palgrave Dictionary of Economics, Second Edition, 2008

5. law of demand

We formulate several laws of individual and market demand and describe their relationship to neoclassical demand theory. The laws have ...

By Michael Jerison and John K.-H. Quah. From The New Palgrave Dictionary of Economics, Second Edition, 2008

6. fiscal theory of the price level

The fiscal theory of the price level (FTPL) describes fiscal and monetary policy rules such that the price level is determined by government debt and ...

By Marco Bassetto. From The New Palgrave Dictionary of Economics, Second Edition, 2008

7. determinacy and indeterminacy of equilibria

This article discusses work on the determinacy and indeterminacy of equilibria in models of competitive markets. Determinacy typically refers to situations ...

By Chris Shannon. From The New Palgrave Dictionary of Economics, Second Edition, 2008

8. overlapping generations model of general equilibrium

The OLG model of Allais and Samuelson retains the methodological assumptions of agent optimization and market clearing from the Arrow–Debreu model, yet ...

By John Geanakoplos. From The New Palgrave Dictionary of Economics, Second Edition, 2008

9. offer curve or reciprocal demand curve

The offer curve made its first appearance in Alfred Marshall's Pure Theory of Foreign Trade (1879), a privately printed paper consisting of the second ...

By Harvey Gram. From The New Palgrave Dictionary of Economics, Second Edition, 2008

10. general equilibrium (new developments)

General equilibrium theory is the theory of mass markets. The foundations of general equilibrium theory were laid in the late 19th and early 20th centuries ...

By William Zame. From The New Palgrave Dictionary of Economics, Second Edition, 2008