Geodesics on the equilibrium manifold

B-Tier
Journal: Journal of Mathematical Economics
Year: 2008
Volume: 44
Issue: 12
Pages: 1379-1384

Authors (2)

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We show the existence of a Riemannian metric on the equilibrium manifold such that a minimal geodesic connecting two (sufficiently close) regular equilibria intersects the set of critical equilibria in a finite number of points. This metric represents a solution to the following problem: given two (sufficiently close) regular equilibria, find the shortest path connecting them which encounters the set of critical equilibria in a finite number of points. Furthermore, this metric can be constructed in such a way to agree, outside an arbitrary small neighborhood of the set of critical equilibria, to any given metric with economic meaning.

Technical Details

RePEc Handle
repec:eee:mateco:v:44:y:2008:i:12:p:1379-1384
Journal Field
Theory
Author Count
2
Added to Database
2026-01-25