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  • Evolutionary Foundations of Equilibria in Irrational Marketsby Guo Ying Luo

    Springer 2011; US$ 109.99

    One of the core building blocks of traditional economic theory is the concept of equilibrium, a state of the world in which economic forces are balanced and in the absence of external influences the values of economic variables remain static. Many traditional equilibrium models, or equilibria, are established based on the rational behavior of individuals... more...

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