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Multiple Equilibria and Structural Changes in Economic Systems

  • Wei-Bin Zhang
Part of the Springer Series in Synergetics book series (SSSYN, volume 53)

Abstract

One of the most important subjects in economic analysis is the examination of the effects of changes in external parameters upon the behavior of economic variables. The analysis of such effects is called comparative analysis. Comparative statics analysis and comparative dynamics analysis differ according to whether the analysis is completed for a static or a dynamic model. When the system is stable, the comparative dynamics analysis is called the correspondence principle by Samuelson. We call comparative analysis as explored in Samuelson’s Foundations, traditional comparative analysis. In a sense, this book is intended to study problems of comparative analysis which are neglected in traditional comparative analysis.

Keywords

Modal Choice Physical Worker Logistical Network Correspondence Principle Catastrophe Theory 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer-Verlag Berlin Heidelberg 1991

Authors and Affiliations

  • Wei-Bin Zhang
    • 1
  1. 1.Institute for Futures StudiesStockholmSweden

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