Global stability in large economies

Abstract A result is obtained showing how global stability of equilibrium, under the standard tâtonnement dynamic, arises in large economies having a continuous, diffuse distribution of consumers, as well as many goods.

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Publication Details

Journal
Economic Theory Bulletin
Published
2025-02-20
DOI
https://doi.org/10.1007/s40505-025-00288-y
Primary Topic
Economic theories and models
Type
article
Field-Weighted Citation Impact
0.00
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article

Global stability in large economies

Taewon Kim, Donald C. Keenan
Economic Theory Bulletin
Economic theories and models
article

Global stability in large economies

Taewon Kim, Donald C. Keenan
article en

Abstract

Abstract A result is obtained showing how global stability of equilibrium, under the standard tâtonnement dynamic, arises in large economies having a continuous, diffuse distribution of consumers, as well as many goods.

Economic Theory BulletinVol. 13(2)
California State University Los Angeles (US), 3M (France) (FR), CY Cergy Paris Université (FR), Equipes Traitement de l'Information et Systèmes (FR)
Openalex Percentile: Top 95%
Economic theories and models
DOIOpen Access PDFOpenAlex
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