Abstract
In Part III, we have applied the analytical results from Part II to the frameworks of economic evolutions in Part I. We have seen that in the field of atemporal economic problems the results allow for significant extensions of two established methods which, in their traditional form, have come to a dead end. These two methods are the path following method for the computation of equilibria and the comparative statics method. For the path following method our results achieve an extension for computing equilibria of non-regular economies. Comparative statics is given a new meaning in the case of multiple equilibria by our results.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Rights and permissions
Copyright information
© 2007 Springer-Verlag Berlin Heidelberg
About this chapter
Cite this chapter
(2007). Conclusions. In: Economic Evolution and Equilibrium. Lecture Notes in Economics and Mathematical Systems, vol 591. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-540-68664-4_20
Download citation
DOI: https://doi.org/10.1007/978-3-540-68664-4_20
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-540-68662-0
Online ISBN: 978-3-540-68664-4
eBook Packages: Business and EconomicsEconomics and Finance (R0)