Abstract
The correspondence principle is the relation, which exists in certain economic models, between comparative statics of equilibria and the properties of out-of-equilibrium dynamics.
This chapter was originally published in The New Palgrave Dictionary of Economics, 2nd edition, 2008. Edited by Steven N. Durlauf and Lawrence E. Blume
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Echenique, F. (2008). Correspondence Principle. In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95121-5_3036-2
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DOI: https://doi.org/10.1057/978-1-349-95121-5_3036-2
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Online ISBN: 978-1-349-95121-5
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Chapter history
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Latest
Correspondence Principle- Published:
- 17 March 2017
DOI: https://doi.org/10.1057/978-1-349-95121-5_3036-2
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Original
Correspondence Principle- Published:
- 28 December 2016
DOI: https://doi.org/10.1057/978-1-349-95121-5_3036-1