Concept
Economic equilibrium
Related publications (282)
Exponential convergence to steady-states for trajectories of a damped dynamical system modeling adhesive strings
We study the global well-posedness and asymptotic behavior for a semilinear damped wave equation with Neumann boundary conditions, modeling a one-dimensional linearly elastic body interacting with a rigid substrate through an adhesive material. The key fea ...
World Scientific Publ Co Pte Ltd2024Collective motion in a sheet of microswimmers
Self-propelled particles such as bacteria or algae swimming through a fluid are non-equilibrium systems where particle motility breaks microscopic detailed balance, often resulting in large-scale collective motion. Previous theoretical work has identified ...
Berlin2024How Many Are Too Many? Analyzing Dockless Bike-Sharing Systems with a Parsimonious Model
Using a parsimonious model, this paper analyzes a dockless bike-sharing (DLB) service that competes with walking and a generic motorized mode. The DLB operator chooses a fleet size and a fare schedule that dictate the level of service (LOS) as measured by ...
2023Bending and Stretching in a Narrow Ribbon of Nematic Polymer Networks
We study the spontaneous out-of-plane bending of a planar untwisted ribbon composed of nematic polymer networks activated by a change in temperature. Our theory accounts for both stretching and bending energies, which compete to establish equilibrium. We s ...
SPRINGER2023AI-driven Prices for Externalities and Sustainability in Production Markets
Boi Faltings, Aris Filos Ratsikas, Panayiotis Danassis
Traditional competitive markets do not account for negative externalities; indirect costs that some participants impose on others, such as the cost of over-appropriating a common-pool resource (which diminishes future stock, and thus harvest, for everyone) ...
Cornell University2023