Results 301 to 310 of about 21,073,590 (349)
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2008
The general equilibrium theory of value, as developed by Walras (1874–77) and his followers, determines the relative prices of goods in terms of non-monetary factors such as technology, preferences, and endowments. Monetary factors are used to determine the nominal price level once relative prices have been determined. Relative prices are determined by
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The general equilibrium theory of value, as developed by Walras (1874–77) and his followers, determines the relative prices of goods in terms of non-monetary factors such as technology, preferences, and endowments. Monetary factors are used to determine the nominal price level once relative prices have been determined. Relative prices are determined by
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Oil Prices and the Global Economy: A General Equilibrium Analysis
, 2015A global computable general equilibrium model is used to analyze the economic impacts of rising oil prices with endogenously determined availability of biofuels to mitigate those impacts. The negative effects on the global economy are comparable to those
G. Timilsina
semanticscholar +1 more source
Partial Equilibrium Thinking in General Equilibrium
SSRN Electronic Journal, 2019We develop a theory of “Partial Equilibrium Thinking” (PET), whereby agents fail to understand the general equilibrium consequences of their actions when inferring information from endogenous outcomes. PET generates a two-way feedback effect between outcomes and beliefs, which can lead to arbitrarily large deviations from fundamentals.
Bastianello, Francesca +1 more
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2003
In recent years certain leading figures in the world of economics have called the usefulness of general equilibrium theory into question. This superb new book brings together leading economic theorists with important contributions to the ongoing debate.
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In recent years certain leading figures in the world of economics have called the usefulness of general equilibrium theory into question. This superb new book brings together leading economic theorists with important contributions to the ongoing debate.
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, 2007 Contrairement aux analyses d'équilibre partiel qui étudient le fonctionnement d'un marché particulier sous l'hypothèse que les revenus des agents et les prix sur les autres marchés resteront approximativement constants, l'ambition d'un modèle d'équilibre général est de permettre d'étudier l'équilibre simultané sur tous les marchés d'une économie ...
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Equilibrium and Non-Equilibrium Turbulent Boundary Layers
Progress in Aerospace Sciences, 2022Todd Lowe, William Devenport
exaly
Distributed Nash Equilibrium Seeking in Games With Partial Decision Information: A Survey
Proceedings of the IEEE, 2023Maojiao Ye, Shengyuan Xu, Qing-Long Han
exaly
GEPPML: General equilibrium analysis with PPML
, 2018James E. Anderson +2 more
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