Econometrica Vol. 42 No. 4 1974
Equilibrium and Stability
Abstract
[This paper presents a model of an economy in which the formation of equilibrium is completely explained by the independent optimizing behavior of individual agents, and thus reformulates the concept of equilibrium in a way which is essentially related to that of stability.]
- DOI
- 10.2307/1913939
- Volume
- 42
- Issue
- 4
- Pages
- 705
- Sources
- bibtex:phds-export.bib crossref openalex