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Out of Equilibrium

Mario Amendola and Jean-Luc Gaffard

Published in print:
1998
Published Online:
November 2003
ISBN:
9780198293804
eISBN:
9780191595851
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/0198293801.001.0001
Subject:
Economics and Finance, Macro- and Monetary Economics

This book moves from the consideration that the dominant equilibrium theory is not suited to deal properly with economic changes like innovation and growth, which are, in the nature of structural ... More


Change

Mario Amendola and Jean‐Luc Gaffard

in Out of Equilibrium

Published in print:
1998
Published Online:
November 2003
ISBN:
9780198293804
eISBN:
9780191595851
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198293801.003.0006
Subject:
Economics and Finance, Macro- and Monetary Economics

This chapter deals with the most important methods of economic dynamics. Balanced growth, endogenous growth, Solow's transitional dynamics, Harrod's knife‐edge, the Traverse and the late ... More


Stability and free energy

Andrew M. Steane

in Thermodynamics: A complete undergraduate course

Published in print:
2016
Published Online:
January 2017
ISBN:
9780198788560
eISBN:
9780191830426
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198788560.003.0017
Subject:
Physics, Theoretical, Computational, and Statistical Physics

The treatment of out of equilibrium systems is introduced, and the conditions for stable equilibrium derived. The minimum energy principle is derived. The convex shape of the entropy function is ... More


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