the state of equilibrium
81Recursive Competitive Equilibrium - RCE — An equilibrium concept associated with dynamic programs. Recursive competitive equilibrium (RCE) is characterized by time invariant equilibrium decision rules that specify actions as a function of a limited number of state variables, which… …
82social equilibrium — ▪ sociology a theoretical state of balance in a social system referring both to an internal balance between interrelated social phenomena and to the external relationship the system maintains with its environment. It is the tendency of the… …
83Radner equilibrium — is an economic concept defined by economist Roy Radner in the context of general equilibrium. The concept is an extension of the Arrow Debreu equilibrium to allow for the existence of spot markets.At a Radner equilibrium trade between agents… …
84Monetary policy of the United States — Banking in the United States Monetary policy The Federal Reserve System Regulation Lending Credit card Deposit accounts Savings account Checking account Money market account Certificate of deposit …
85Symmetric equilibrium — In game theory, a symmetric equilibrium is an equilibrium where both players use the same strategy (possibly mixed) in the equilibrium. In the Prisoner s Dilemma game pictured to the right, the only Nash equilibrium is ( D , D ). Since both… …
86Presque Isle State Park — Geobox Protected Area name = Presque Isle State Park native name = other name = other name1 = category local = Pennsylvania State Park category iucn = III image size = 300 image caption = Aerial view of Presque Isle toward the east northeast… …
87Moving equilibrium theorem — Consider a dynamical system (1).......... (2).......... with the state variables x and y. Assume that x is fast and y is slow. Assume that the system (1) gives, for any fixed y, an asymptotically stable solution . Substituting this for x in (2) y …
88Economy of the People's Republic of China — Economies of Special Administrative Regions of Hong Kong and Macau are administered separately from the rest of People s Republic of China. Therefore, the information below pertains only to mainland China unless specified otherwise. For the… …
89Anarchy, State, and Utopia — is a work of political philosophy written by Robert Nozick in 1974. This libertarian book was the winner of the 1975 National Book Award. It has been translated into 11 languages and was named one of the 100 most influential books since the war… …
90Democracy in the Middle East — According to the Democracy Index (published by the Economist, a British journal), the country in the Middle East with the highest Democracy Index score is Israel, with a score of 7.48, corresponding to the status of flawed democracy ; the only… …
