Definitions

from Wiktionary, Creative Commons Attribution/Share-Alike License

  • n. Plural form of equilibrium.

Etymologies

Sorry, no etymologies found.

Examples

  • The interaction of growth and business cycle can then take a slightly different form: alternation of good and bad equilibria is not just a simple averaging.)

    Robert M. Solow - Prize Lecture

  • They do not regard business cycles as aberrations but as moving "equilibria," "optimal" responses to the ever-changing natural economic environment.

    How to Think About the Deficit

  • He will find that general equilbrium theorists argue that there are "equilibria" in which market prices jump around with no relevant news (based on irrelevant news that has nothing to do with tastes or technology).

    Angry Bear

  • The hominid fossil record isn’t even especially “jerky” when examined quantitatvely at fine-scale resolution, so the creationists don’t even have their usual incompetent misconstrual of punctuated equilibria which is actually about morphologically small gaps between closely-related sister species to rely upon.

    Meet Selam - The Panda's Thumb

  • That is to say, free market economics holds that if market forces are allowed free play, then the prices and production of things will reach natural equilibria that are the most efficient outcome that could exist.

    Ian Fletcher: Why Libertarians Are Wrong on Free Trade

  • The sheer range and interconnectedness of the problems that the nation faces are such that any permanent solution to any one of them will require profound systemic change that will necessarily upset many economic, political and cultural equilibria.

    Ron Paul Can Win

  • Game TheoryFor their pioneering analysis of equilibria in the theory of non-cooperative games

    The Prize in Economic Sciences In Memory of Alfred Nobel

  • These refinements made it possible to exclude a number of theoretically possible but unstable or irrelevant equilibria.

    The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1969-2006

  • Since one and the same mechanism in some cases turns out to generate several different equilibria ( "multiple equilibria"), the task remains to develop methods to find an optimum equlibrium.

    The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1969-2006

  • Did he say he is an agnostic about the concept of punctuated equilibria, one of his favorite theories?

    Berlinski's Wisdom

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