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Osmotic and Gibbs–Donnan equilibrium for ions and neutral solutes
The general set of equations for the equilibrium of two solutions with a mixture of non-permeating and permeating ions and neutral solutes at each side of a permselective membrane is formulated using the principles of electroneutrality and mass ...
Jacek Waniewski
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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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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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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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Friedman and the Walrasian Equations of The Natural-Rate Counter-Revolution [PDF]
From the 1930s, economic controversy has been a tale of three cities (Chicago and the two Cambridges) and three General Theories. In the 1930s, there were, in addition to the General Theory of Employment (Keynesian Macroeconomics), two other ...
Leeson, Robert
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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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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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