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<p>A result is obtained showing how global stability of equilibrium, under the standard tâtonnement dynamic, arises in large economies having a continuous, diffuse distribution of consumers, as well as many goods.</p>

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Global stability in large economies

  • 期刊论文

  • 出版模式：

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  • 发表日期：

    2025年2月20日

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  • Donald C. Keenan,
  • Taewon Kim

摘要

A result is obtained showing how global stability of equilibrium, under the standard tâtonnement dynamic, arises in large economies having a continuous, diffuse distribution of consumers, as well as many goods.