Sentence examples for equilibrium provision from inspiring English sources
One line of thought, which derives from Nash equilibrium provision of public goods, suggests that in contexts in which individual actions degrade local environmental quality, wealthier people in a community will tend to do more to protect environmental quality.
We show that there exists a unique equilibrium level of public good provision and compare it with the efficient level.
However, our mechanisms' different marginal penalty structures may facilitate equilibrium selection and lead to higher contributions and more frequent provision.
Therefore, the standardisation and certification of skills is an additional requirement for high levels of training provision and a high level of competencies in equilibrium is necessary (Acemoglu and Pischke 2000; Dustmann and Schönberg 2007).
On one hand, there is the pessimistic view that welfare provision would converge to a new low-level social expenditure equilibrium, because of globalisation and increasing economic vulnerability, and capital outflows, irrespective of ideology (Strange 1996; Friedman 2000; Swank 2001).
This "negative energy balance" phase is followed by the establishment of a new equilibrium in which the reduced body weights are matched to the energy provision, i.e., relative energy balance.
Given the way in which public good provision has been introduced (i.e. with additive separability), the equilibrium allocation of (private) consumption and leisure is invariant to preference parameter (pi ).
Social Service Provision- In this case, a courageous and committed individual identifies an unfortunate stable equilibrium and sets up a program or solution to address it.
This paper considers a simple general equilibrium economy in which juries of consumers are used to estimate the value of public projects and determine their provision.
In this provision, V c is affected neither by stirrup ratio nor by deformation due to flexure since only force equilibrium is considered.
