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Keynes’s monetary theory: a partial survey [PDF]
The title of the paper alerts the reader to the fact that while the role of money in Keynes’s earlier work is alluded to, it is mostly the monetary contribution of the General Theory (to which the author is particularly partial) which is surveyed here ...
VICTORIA CHICK
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Methodological Remarks on Anti-equilibrium by Janos Kornai
The subject of this paper is Kornai’s concept as contained in Anti-equilibrium. The aim of the paper was to provide a critical analysis of this concept.
Rafał Musialik
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Thermodynamic and dynamical predictions for bifurcations and non-equilibrium phase transitions
“Critical transitions”, in which systems switch abruptly from one state to another are ubiquitous in physical and biological systems. Such critical transitions in complex systems are commonly described as dynamical processes within the framework of ...
Han Yan, Feng Zhang, Jin Wang
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J.A. Schumpeter (1908) and Money: Acting as Go-Between?
This paper examines J.A. Schumpeter’s theory of money, as expounded in his first book, Das Wesen und der Hauptinhalt der theoretischen Nationalökonomie (The Essence and Main Contents of Theoretical Economics), published in 1908.
Cécile Dangel-Hagnauer
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Equilibrium Further Studied for Combined System of Cournot and Bertrand: A Differential Approach
In general, quantity competition and price competition exist simultaneously in a dynamic economy system. Whether it is quantity competition or price competition, when there are more than three companies in one market, the equilibrium points will become ...
Bingyuan Gao, Yueping Du
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Rational Play in Extensive-Form Games
We argue in favor of a departure from the equilibrium approach in game theory towards the less ambitious goal of describing only the actual behavior of rational players.
Giacomo Bonanno
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Exploring General Equilibrium Points for Cournot Model
In Cournot model, when there are many competitions, the competitive equilibrium becomes chaotic. It is extremely difficult to derive the general equilibrium points.
Bingyuan Gao, Yueping Du
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General Equilibrium and Welfare in International Trade
General equilibrium is investigated in the tradition of Cournot, Mill, and Marshall, as applied to countries rather than individuals, on the assumption that individual preferences can be aggregated. This includes the competitive equilibrium of free trade,
John S. Chipman
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Topology Unveiled: A New Horizon for Economic and Financial Modeling
Sinceits introduction in the 19th century to address geometric problems, topology as a methodology has undergone a series of evolutions, encompassing branches of geometric topology, point-set topology (analytic topology), algebraic topology, and ...
Yicheng Wei, Junzo Watada, Zijin Wang
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The Passage of Time, Capital, and Investment in Traditional and in Recent Neoclassical Value Theory
With the shift from traditional analyses where capital is a single value factor of variable ‘form’ to the neo-Walrasian versions, general equilibrium theory has encountered new problems pointed out by P.
Fabio Petri
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