Concept information
Término preferido
equilibrium in economics and game theory
Definición
- At the core of modern economics lies the notion of equilibrium. The possibility of identifying how the actions of different agents eventually define a resting point provides the economic analysis with a powerful instrument to foresee some of the consequences of different economic policies. [Source: Encyclopedia of Philosophy and the Social Sciences; Equilibrium in Economics and Game Theory]
Concepto genérico
Pertenece al grupo
URI
http://data.loterre.fr/ark:/67375/N9J-M2VFS1PL-0
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