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equilibrium price vector

См. также в других словарях:

  • Price of anarchy — The price of anarchy is a concept from game theory that describes the difference in maximum social utility and the utility of an equilibrium point of the game.DefinitionGiven a game G=(N,A,u), it is natural to consider the social welfare , i.e.… …   Wikipedia

  • Applied general equilibrium — (AGE) models were pioneered by Herbert Scarf at Yale University in 1967, in two papers, and a follow up book with Terje Hansen in 1973, with the aim of empirically estimating the Arrow Debreu General equilibrium model with empirical data, to… …   Wikipedia

  • Competitive equilibrium — Competitive market equilibrium is the traditional concept of economic equilibrium, appropriate for the analysis of commodity markets with flexible prices and many traders, and serving as the benchmark of efficiency in economic analysis. It relies …   Wikipedia

  • Ley de Walras — La ley de Walras es, en la teoría del equilibrio general, un principio que establece que la suma de la demanda (o demanda agregada (D) debe igualar a, tomando en consideración los precios (p), la suma de la oferta (S), Es decir Σ pD … …   Wikipedia Español

  • Regular economy — A regular economy is an economy characterized by an excess demand function which has the property that its slope at any equilibrium price vector is non zero. In other words, if we graph the excess demand function against prices, then the excess… …   Wikipedia

  • Fundamental theorems of welfare economics — There are two fundamental theorems of welfare economics. The first states that any competitive equilibrium or Walrasian equilibrium leads to an efficient allocation of resources. The second states the converse, that any efficient allocation can… …   Wikipedia

  • Comparative statics — In this graph, comparative statics shows an increase in demand causing a rise in price and quantity. Comparing two equilibrium states, comparative statics doesn t describe how the increases actually occur. In economics, comparative statics is the …   Wikipedia

  • State prices — In financial economics, a state price security, also called an Arrow Debreau security (from its origins in the Arrow Debreu model), is a contract that agrees to pay one unit of a numeraire (a currency or a commodity) if a particular state occurs… …   Wikipedia

  • Sonnenschein–Mantel–Debreu theorem — The Sonnenschein–Mantel–Debreu theorem (named after Gérard Debreu, Rolf Ricardo Mantel, and Hugo Freund Sonnenschein) is a result in general equilibrium economics. It states that the excess demand function for an economy is not restricted by the… …   Wikipedia

  • Sonnenschein-Mantel-Debreu Theorem — The Sonnenschein Mantel Debreu Theorem is a result in General equilibrium economics. It states that the system of excess demand functions pertaining to an economy with sufficiently many agents is in no way restricted by the usual rationality… …   Wikipedia

  • Maximum theorem — The maximum theorem provides conditions for the continuity of an optimized function and the set of its maximizers as a parameter changes. The statement was first proven by Claude Berge in 1959[1]. The theorem is primarily used in mathematical… …   Wikipedia

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