Sentence examples for multiple equilibria from inspiring English sources

Multiple Equilibria.

Positive feedback and multiple equilibria have to be taken seriously.

Moreover, there are multiple equilibria.

And the recursive nature of this process means that multiple equilibria are possible.

Aoki, M. New Approaches to Macroeconomic Modeling: Evolutionary Stochastic Dynamics, Multiple Equilibria, and Externalities as Field Effects.

Finally, we show that banks' beliefs about future employment are self- fulfilling, which generates multiple equilibria.

But the problem with this is that there are multiple equilibria.

It shows that intergovernmental coordination may be an answer to the latter, pareto-improving multiple equilibria.

Any economy was capable of what modern economists call "multiple equilibria": different stable points of functioning, at levels ranging from penury to prosperity.

They also explore the design of policies to avoid the problem of multiple equilibria and indeterminacy.

The stability of multiple equilibria is associated with policy rules which are forecast-based.