level of equilibrium
31High level equilibrium trap — The high level equilibrium trap is a concept developed by Mark Elvin to explain why China never underwent an indigenous Industrial Revolution, despite its wealth, stability and scientific advancement.He cites two principle factors that led to… …
32Correlated equilibrium — A solution concept in game theory Relationships Superset of Nash equilibrium Significance Proposed by …
33Vapor-liquid equilibrium — Vapor liquid equilibrium, abbreviated as VLE by some, is a condition where a liquid and its vapor (gas phase) are in equilibrium with each other, a condition or state where the rate of evaporation (liquid changing to vapor) equals the rate of… …
34Primate Equilibrium Platform — A Primate Equilibrium Platform (PEP) is a device used to train chimpanzees and other primates in maneuvers similar to those of a flight simulator. The chimpanzees are conditioned, with a series of electric shocks, to keep the rolling platform… …
35Reflective equilibrium — is a state of balance or coherence among a set of beliefs arrived at by a process of deliberative mutual adjustment among general principles and particular judgments. Although he did not use the term, philosopher Nelson Goodman introduced the… …
36Competitive equilibrium — Competitive market equilibrium is the traditional concept of economic equilibrium, appropriate for the analysis of commodity markets with flexible prices and many traders, and serving as the benchmark of efficiency in economic analysis. It relies …
37Economic Equilibrium — A condition or state in which economic forces are balanced. These economic variables will be unchanged from their equilibrium values in the absence of external influences. Economic equilibrium may also be defined as the point where supply equals… …
38Above Full-Employment Equilibrium — A macroeconomic term used to describe the real gross domestic product (GDP) is currently in excess of its long run average, or some other historical measure. Accordingly, the amount that the current real GDP is greater then the historic average… …
39Sea level — For the sea level change associated with the current episode of global warming, see current sea level rise. For other uses, see Sea level (disambiguation). This marker indicating the sea level is placed on the path from Jerusalem to the Dead Sea …
40bio-economic equilibrium — the simultaneous biological and economic equilibrium in a fishery. In a single stock model, the biological equilibrium condition is that the rate of change of the stock be zero. The economic equilibrium condition is that there be no change in… …
