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 ?
This, in turn, helps define one of the two thresholds of K that separate pure strategy equilibriums and mixed strategy equilibriums.
From Lemma 3, we see that qualitatively the postmerger equilibriums are the same as the premerger equilibriums.
The aim of this study is to introduce a new hyperchaotic system without equilibrium. The organization of the paper is as follows.
There are two equilibrium points in system (1) for d > 0 and n [not equal to] 0: [E.sub.1] ([square root of ln d], [square root of ln d], b/n) and [E.sub.2](- [square root of ln d], - [square root of ln d], b/n).
Economies collapse amidst growth if the said equilibriums cannot be sustained.
If Sri Lanka wants to reduce deficit spending then some other mechanism should compensate the consumer income that could reduce due to the reduction of deficit spending, in order to ensure that we achieve the both economic equilibriums at consumption level and total output level to prevent a crisis.
From equation (2) we can obtain four cases of equilibrium.
A key (and then un-noted) element of this market was that it was in equilibrium. Buyers and sellers shared an understanding of market fundamentals such that they could transact business.
The centrifugal force produces four additional equilibrium points.
Wolman investigate the problem of multiple equilibriums under a discretionary monetary policy.
There are, however, some key equilibrium concepts worth understanding.
Solving the equilibrium points equations, we obtain the following: