Controlling the Walrasian tatonnement process

Includes bibliographical references (leaves 69-70). === In this thesis I examine a discrete-time Walrasian tatonnement process. The criterion for stability is examined in a two good tatonnement process. It is shown that the stability of the system depends upon the speed of adjustment and holdings of...

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Bibliographic Details
Main Author: Charlton, Richard
Format: Dissertation
Language:English
Published: University of Cape Town 2015
Subjects:
Online Access:http://hdl.handle.net/11427/13424