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Stability in a Discrete Time Model of the Walrasian Tattonnement

Article Abstract:

The stability of the Walrasian tatonnement model in discrete time is investigated. Discrete time impacts on expectations, disequilibrium trading and temporary equilibrium. Many conditions sufficient for continuous time are sufficient for stability in discrete time.

Author: Hands, D.W.
Publisher: Elsevier B.V.
Publication Name: Journal of Economic Dynamics & Control
Subject: Economics
ISSN: 0165-1889
Year: 1983
Mathematical analysis

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Local Stability Properties of the Modified Hamiltonian Dynamic System

Article Abstract:

Local stability of stationary points of the modified Hamiltonian dynamic system is achieved. Trajectories of optimal control problems on an infinite horizon are defined. The curvature assumation is sufficient for the saddlepoint property.

Author: Feinstein, C.D., Oren, S.S.
Publisher: Elsevier B.V.
Publication Name: Journal of Economic Dynamics & Control
Subject: Economics
ISSN: 0165-1889
Year: 1983

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Transfers to sustain dynamic core-theoretic cooperation in international stock pollutant control

Article Abstract:

The authors use a game and models to study the situation of international transfers of environmental credits.

Author: Germain, Marc, Tulkens, Henry, Toint, Philippe, de Zeeuw, Aart
Publisher: Elsevier B.V.
Publication Name: Journal of Economic Dynamics & Control
Subject: Economics
ISSN: 0165-1889
Year: 2003
Environmental Management, World, Administration of Environmental Quality Programs, Conservation & Land Mgmt-Total Govt, Usage, International aspects, Game theory

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Subjects list: Models
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