{"title":"Conjecture on the Efficacy of the Invisible Hand","authors":"Donald C. Keenan, Taewon Kim","doi":"10.2139/ssrn.3327073","DOIUrl":null,"url":null,"abstract":"Arguments are made that, for a typical economy with many goods, tatonnement dynamics can be expected to lead to a unique, globally stable equilibrium.","PeriodicalId":226815,"journal":{"name":"Philosophy & Methodology of Economics eJournal","volume":"338 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2019-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Philosophy & Methodology of Economics eJournal","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.2139/ssrn.3327073","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 0
Abstract
Arguments are made that, for a typical economy with many goods, tatonnement dynamics can be expected to lead to a unique, globally stable equilibrium.