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equilibrium theorem

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  • Moving equilibrium theorem — Consider a dynamical system (1).......... (2).......... with the state variables x and y. Assume that x is fast and y is slow. Assume that the system (1) gives, for any fixed y, an asymptotically stable solution . Substituting this for x in (2) y …   Wikipedia

  • Temporary equilibrium method — The temporary equilibrium method has been devised by Alfred Marshall for analyzing economic systems that comprise interdependent variables of different speed.For example: Assume an industry with a certain capacity that produces a certain… …   Wikipedia

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

  • General equilibrium — theory is a branch of theoretical microeconomics. It seeks to explain the behavior of supply, demand and prices in a whole economy with several or many markets. It is often assumed that agents are price takers and in that setting two common… …   Wikipedia

  • Arrow's impossibility theorem — In social choice theory, Arrow’s impossibility theorem, the General Possibility Theorem, or Arrow’s paradox, states that, when voters have three or more distinct alternatives (options), no voting system can convert the ranked preferences of… …   Wikipedia

  • Fluctuation theorem — The fluctuation theorem (FT) is a theorem from statistical mechanics dealing with the relative probability that the entropy of a system which is currently away from thermodynamic equilibrium (maximum entropy) will increase or decrease over a… …   Wikipedia

  • Fluctuation dissipation theorem — In statistical physics, the fluctuation dissipation theorem is a powerful tool for predicting the non equilibrium behavior of a system such as the irreversible dissipation of energy into heat from its reversible fluctuations in thermal… …   Wikipedia

  • Okishio's theorem — is a mathematical theorem formulated by Japanese economist Nobuo Okishio. It has had a major impact on debates about Marx s theory of value. Intuitively, it can be understood as saying that if one capitalist raises his profits by introducing a… …   Wikipedia

  • Equipartition theorem — [ Thermal motion of an α helical peptide. The jittery motion is random and complex, and the energy of any particular atom can fluctuate wildly. Nevertheless, the equipartition theorem allows the average kinetic energy of each atom to be computed …   Wikipedia

  • Kakutani fixed point theorem — In mathematical analysis, the Kakutani fixed point theorem is a fixed point theorem for set valued functions. It provides sufficient conditions for a set valued function defined on a convex, compact subset of a Euclidean space to have a fixed… …   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

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