We consider a typical master equation describing thermal time-evolution. In parallel, we also consider a quasi static canonical description of the same problem. We are able to devise a way of numerically comparing these ...

Computing the equilibrium point of games plays an important in computer science. A large number of methods are known for finding a Nash equilibrium. Nevertheless, Nash equilibrium can be adopted only for non-cooperative ...

In this paper we present a novel method for finding the strong Nash equilibrium. The approach consists on determining a scalar x* and the corresponding strategies d* ( x*) fixing specific bounds (min and max) that ...

We analyze the manipulability of competitive equilibrium allocation rules for the simplest many-to-many extension of Shapley and Shubik’s (Int J Game Theory 1:111–130, 1972) assignment game. First, we show that if an agent ...

We combine general equilibrium theory and théorie générale of stochastic processes to derive structural results about equilibrium state prices.

In this paper, the synthesis and structural characterization of a series of polyacrylamide hydrogels with different degrees of reticulation are reported. Although the Equilibrium Swelling Theory was recognized as a simple ...

It is often assumed that Newton played an important role in shaping Smith’s connection with general economic equilibrium theory. In this essay, the widespread view of Adam Smith as a forerunner of general economic equilibrium ...

This paper analyzes general equilibrium models with finite heterogeneous agents who anticipate future prices through a price expectation function with or without accuracy. I show the existence of a recursive equilibrium ...