Catastrophes minimization on the equilibrium manifold

B-Tier
Journal: Journal of Mathematical Economics
Year: 2011
Volume: 47
Issue: 4
Pages: 617-620

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 fixed total resources setting, we show that there exists a Riemannian metric g on the equilibrium manifold, which coincides with any (fixed) Riemannian metric with an economic meaning outside an arbitrarily small neighborhood of the set of critical equilibria, such that a minimal geodesic connecting two regular equilibria is arbitrarily close to a smooth path which minimizes catastrophes.

Technical Details

RePEc Handle
repec:eee:mateco:v:47:y:2011:i:4:p:617-620
Journal Field
Theory
Author Count
2
Added to Database
2026-01-25