Jump to ContentJump to Main Navigation

You are looking at 1-1 of 1 items

  • Keywords: disequilibrium adjustment x
Clear All Modify Search

View:

Disequilibrium Adjustment and Economic Outcomes

Alan Kirman and Rajiv Sethi

in Complexity and Evolution: Toward a New Synthesis for Economics

Published in print:
2016
Published Online:
May 2017
ISBN:
9780262035385
eISBN:
9780262337717
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262035385.003.0002
Subject:
Economics and Finance, History of Economic Thought

A central organizing principle in contemporary economic theory is the notion of equilibrium: all individuals make plans that are optimal, given beliefs that are mutually consistent. The equilibrium ... More


View: