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A Disequilibrium Model of Interactive Consumers

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Networked Consumers
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Abstract

Disequilibrium states are integrated into influential accounts of dynamics of a range of disciplines that include economics (Helbing and Platkowski 2000; Polemarchakis 1979), developmental psychology (Piaget 1954), biological science (Feldman and Cavalli-Sforza 1984) and thermodynamics (Sertorio 1991; Chaisson 2005). I follow others in recognizing that there are bases to expect disequilibrium states to be more common than typically recognized in interactive consumers (e.g. Bewley 1999; Demichelis and Polemarchakis 2007; Fontana and Gerard 1999; Gomes and Jehiel 2005).

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© 2012 Steven D. Silver

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Silver, S.D. (2012). A Disequilibrium Model of Interactive Consumers. In: Networked Consumers. Palgrave Macmillan, London. https://doi.org/10.1057/9780230362550_2

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