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The experimental environment and the market institutions are such that, at the theoretical equilibria, the two trading institutions exhibit identical prices and surpluses.
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We have considered the existence and the economic rationality of equilibria for the two conditions above.
The theory accurately predicts vapour-liquid equilibria for the ten binary and one ternary system studied.
Knowing all reactions and ionic equilibria for the fifteen species, convection-diffusion-reaction equations were formulated to describe the whole system.
So there's at least three equilibria here, although the two segregated ones are kind of the same, and we argued that these segregated equilibria were in some sense stable and they were strict equilibria in the sense that you strictly preferred not to deviate.
The model involves two linked equilibria: association between the two DNA fragments and binding of the protein exclusively to the complex between the two DNA fragments.
Nonetheless, these are the only equilibria in which the two mainstream candidates have a chance of winning office (although not together in a coalition, as discussed next).
Note this is in contrast to the results in the previous section, where the presence of an electorate with a like bias facilitated equilibria in which the two mainstream candidates behaved honestly.
We obtain that the presence of a third candidate facilitates equilibria in which the two mainstream politicians make informative announcements, specially when the third candidate is biased towards the most popular policy.
How can it be that the number of equilibria in which the two mainstream candidates behave honestly is higher when the electorate is homogeneous than when voters have different points of view?
They compute the stability of the disease-free and of the endemic equilibria and enumerate conditions on the value of the delay, to ensure the asymptotic stability of the two equilibria.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com