Equilibrium

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Equilibrium

The stable state of the system. See: Attractor.

Equilibrium

A state of stable prices brought about by the rough equality of supply and demand. This applies for consumer goods, securities, and most other goods and services.

equilibrium

a state of balance with no tendency to change. See EQUILIBRIUM MARKET PRICE, EQUILIBRIUM LEVEL OF NATIONAL INCOME, DISEQUILIBRIUM.
References in periodicals archive ?
25) Further, any household dependency relationships between males and females is ignored, and accounting for this important and obvious feature could also change the properties of regulated insurance market equilibria.
When considering competitive insurance market equilibria, this article shows that the combination of private insurance with two dynamically traded assets generates effectively complete markets.
Competitive insurance market equilibria that decentralize state-contingent commodity equilibria (as in Theorem 1) will be referred to as efficient insurance market equilibria.