The ∆-Equilibrium: Equilibrium Exists Only in Alive Markets (No Equilibrium in Dead State)
We present ∆-Equilibrium a self-contained equilibrium equilibrium with no externaland no internal assumptions. We build on Zulfia Frame ∆η(x, u) = 0, η ∈ ∆, whichis ZIC common base [1].We establish that equilibrium exists only for alive markets where deviation∆(x∗)̸ = 0 and ZIC ∆η(x∗, u) = 0 holds, while no equilibrium exists for dead statewhere ∆(x∗) = 0.We demonstrate applications to dual factory-swamp economy, informal credit,and P2P markets, where classical equilibrium fails when assumed state xS0 vanishes,but our equilibrium persists as long as market is alive.
Authors
- DR. ZULFIQAR ALI KHAN
Publication Details
- Journal
- Zenodo (CERN European Organization for Nuclear Research)
- Published
- 2026-11-02
- DOI
- https://doi.org/10.5281/zenodo.23880031
- Primary Topic
- Economic theories and models
- Type
- article
- Field-Weighted Citation Impact
- 0.00