Economic Dynamics and Information - Lecture Notes in Economics and Mathematical Systems - Jaroslav Zajac - Books - Springer-Verlag Berlin and Heidelberg Gm - 9783540326946 - August 1, 2006
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Jaroslav Zajac
Economic Dynamics and Information - Lecture Notes in Economics and Mathematical Systems 2006 edition

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This book analyzes the existence of equilibria in economies having a measured space of agents and a continuum of agents and commodities. Excessive homogeneity with respect to agent productivity leads to instability and non-uniqueness of a given stationary state and the indeterminacy of the corresponding stationary state equilibrium.

274 pages, biography

Media Books     Paperback Book   (Book with soft cover and glued back)
Released August 1, 2006
ISBN13 9783540326946
Publishers Springer-Verlag Berlin and Heidelberg Gm
Pages 274
Dimensions 155 × 235 × 15 mm   ·   408 g
Language English  

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