Motivated by recent developments in applied dynamic analysis, this paper presents new sufficient conditions for the existence of a Markov perfect equilibrium in dynamic stochastic games. The main results imply the existence ...

In this paper we present an analysis of the concept of general equilibrium, its limitations, potential and misinterpretations. We clarify the difference between structural equilibrium and dynamical equilibrium, reflecting ...

We compare two different notions of dynamical phase transitions in closed quantum systems. The first is identified through the time-averaged value of the equilibrium-order parameter, whereas the second corresponds to ...

We provide a brief introduction to the basic models used to describe traffic on congested networks, both in urban transport and telecommunications. We discuss traffic equilibrium models, covering atomic and non-atomic ...

We study the critical behavior and the out-of-equilibrium dynamics of a two-dimensional Ising model with non-static interactions. In our model, bonds are dynamically changing according to a majority rule depending on the ...

The effects of an externally imposed linear shear profile in the Vicsek model of self-propelled particles is investigated via computer simulations. We find that the applied field changes in a relevant way both the equilibrium ...

The TEA model is a multi-regional and multi-sectorial Computable General Equilibrium (CGE) model that tracks the production and distribution of goods in a dynamic recursive setup for the global economy. The model is built ...