Equilibrium

(redirected from Market Equilibria)
Also found in: Dictionary, Thesaurus, Medical, Legal, Encyclopedia.

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 ?
When risks are imperfectly categorized and Nash-Riley unregulated market equilibria prevail, weak anti-discrimination regulation yields no change in the menu of contracts on offer.
Second, they confine attention to a partial equilibrium analysis, whereas the present paper is primarily concerned with aggregate labour 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.