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a first-best equilibrium

См. также в других словарях:

  • The theory of a second-best solution — concerns the events that happen when a condition for an optimal outcome isn t met. In that case a second best solution should be sought. But the second best solution isn t always the one where every other condition is met except the one missing… …   Wikipedia

  • Equilibrium (seaQuest 2032 episode) — Equilibrium was the seventh aired episode of seaQuest 2032 s third season and eighth produced overall. It was originally shown on November 15, 1995. The episode features the return of Nathan Bridger who left the series after Brave New World.… …   Wikipedia

  • Best response — In game theory, the best response is the strategy (or strategies) which produces the most favorable outcome for a player, taking other players strategies as given (Fudenberg Tirole 1991, p. 29; Gibbons 1992, pp. 33–49). The concept of a …   Wikipedia

  • Equilibrium constant — For a general chemical reaction:alpha A +eta B ... ightleftharpoons sigma S+ au T ...the equilibrium constant can be defined by [F.J,C. Rossotti and H. Rossotti, The Determination of Stability Constants, McGraw Hill, 1961.] :K=frac{S ^sigma {{T^ …   Wikipedia

  • Determination of equilibrium constants — Equilibrium constants are determined in order to quantify chemical equilibria. When an equilibrium constant is expressed as a concentration quotient, it is implied that the activity quotient is constant. In order for this assumption to be valid… …   Wikipedia

  • Nash equilibrium — A solution concept in game theory Relationships Subset of Rationalizability, Epsilon equilibrium, Correlated equilibrium Superset of Evolutionarily stable strategy …   Wikipedia

  • Non-equilibrium thermodynamics — Thermodynamics …   Wikipedia

  • Atmospheric reentry — refers to the movement of human made or natural objects as they enter the atmosphere of a planet from outer space, in the case of Earth from an altitude above the edge of space. This article primarily addresses the process of controlled reentry… …   Wikipedia

  • Subgame — In game theory, a subgame is any part (a subset) of a game that meets the following criteria (the following terms allude to a game described in extensive form): [cite web url=http://press.princeton.edu/TOCs/c5590.html title=Table of Contents for… …   Wikipedia

  • Congestion pricing — Typical traffic congestion in an urban freeway. Shown here I 80 Eastshore Freeway, Berkeley, United States …   Wikipedia

  • Transformation problem — In 20th century discussions of Karl Marx s economics the transformation problem is the problem of finding a general rule to transform the values of commodities (based on labour according to his labour theory of value) into the competitive prices… …   Wikipedia

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