Evolution paths on the equilibrium manifold

B-Tier
Journal: Journal of Mathematical Economics
Year: 2009
Volume: 45
Issue: 12
Pages: 854-859

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

In a pure exchange smooth economy with fixed total resources, we define the length between two regular equilibria belonging to the equilibrium manifold as the number of intersection points of the evolution path connecting them with the set of critical equilibria. We show that there exists a minimal path according to this definition of length.

Technical Details

RePEc Handle
repec:eee:mateco:v:45:y:2009:i:12:p:854-859
Journal Field
Theory
Author Count
2
Added to Database
2026-01-25