THREE papers by Mr. J. A. V. Butler, in the J- Transactions of the Faraday Society, February 1924, and two in the Phil. Mag., October and November, deal 'with problems of equilibrium at the boundaries ...
PROF. RIVETT'S little book on the Phase Rule deals mainly with theory, the various types of equilibrium being set out under the headings of one, two, three and four-component systems. It is a useful ...
In infinite horizon economies only local equivalence of beliefs is needed to ensure the existence of an Arrow-Debreu equilibrium. In fact, agents can even disagree completely in the long run in the ...
The present article extends the Arrow-Debreu portfolio model to consumption externalities. It is assumed that each investor has a von Neumann-Morgenstern utility that is a function of her own ...
In a discovery that could lead to the development of novel catalysts that do not rely on expensive rare metals, scientists have shown that the optimal binding energy can deviate from traditional ...
Recent literature has shown that corporate indebtedness affects firm-level investment behavior but not necessarily aggregate business cycles. I argue that interactions among heterogeneous firms play ...