equilibrium

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Related to equilibria: Punctuated equilibria
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  • noun

Synonyms for equilibrium

Synonyms for equilibrium

a stable state characterized by the cancellation of all forces by equal opposing forces

Synonyms for equilibrium

a chemical reaction and its reverse proceed at equal rates

a sensory system located in structures of the inner ear that registers the orientation of the head

References in periodicals archive ?
The objective of this study is to develop a simple explicit model for determination of carbon dioxide solubility and liquid phase ionic equilibria in aqueous alkanolamine solutions simultaneously.
We then determine whether targeted self-insurance efforts are performed in three equilibria with adverse selection: the pooling equilibrium (see the "Private Genetic Information: The Pooling Equilibrium" section), the Rothschild-Stiglitz separating equilibrium (see the "Private Genetic Information: The Rothschild and Stiglitz Equilibrium" section), and the Miyazaki-Spence separating equilibrium (see the "Private Genetic Information: The Miyazaki-Spence Equilibrium" section).
Nevertheless, Hurwicz (1945, 1953) is raising an essential issue in game theory, that equilibria depend on (i) the rationality of the players and (ii) their specific beliefs.
This Chapter deals with the interplay between competitive equilibria and autoregressive representations.
In particular, for the cost model, if CE denotes the set of correlated equilibria and NE denotes the set of Nash equilibria, we define PoM = [max.
15) Unfortunately, characterizing the payoffs in these mixed strategy equilibria to an extent sufficient for guiding backward induction and guaranteeing a subgame perfect equilibrium is hard; it has not been done purely analytically even in the original Hotelling model.
The local stability of the equilibria have been discussed and it is found that unique non-trivial equilibrium point is stable for all delay.
Students deserve reasoned explanations of the behaviour of chemical equilibria built upon their prior knowledge of kinetics.
3) can have more than one equilibrium point in the interior of the first quadrant and we studied the stability of the equilibria.
Note that other equilibria exist in which the rejection rate is 100%.
The general methodology for finding the sub-game-perfect equilibria is to use backward induction, i.
Carverhill, 1993, "Quasi-Mean Reversion in an Efficient Stock-Market--The Characterization of Economic Equilibria Which Support Black Scholes Option Pricing", Economic Journal, 103:395-405
In their paper, "Monetary Discretion, Pricing Complementarity, and Dynamic Multiple Equilibria," King and Wolman demonstrate, in a New Keynesian setting, that besides producing high inflation, discretion has a further adverse consequence.
The second theory views bank runs as a consequence of the existence of multiple equilibria.