Perturbation theory in a pure-exchange nonequilibrium economy
نویسندگان
چکیده
منابع مشابه
Perturbation theory in a pure-exchange nonequilibrium economy.
We develop a formalism to study linearized perturbations around the equilibria of a pure-exchange economy. With the use of mean-field theory techniques, we derive equations for the flow of products in an economy driven by heterogeneous preferences and probabilistic interaction between agents. We are able to show that if the economic agents have static preferences, which are also homogeneous in ...
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ژورنال
عنوان ژورنال: Physical Review E
سال: 2010
ISSN: 1539-3755,1550-2376
DOI: 10.1103/physreve.81.036102