Continuous adjustments and Smale’s non-tâtonnement processes
研究了Smale提出的非试探过程中均衡集合的稳定性,证明在连续调整假设下,每个不可延拓的非试探过程都收敛到均衡集中的某点,并展示了如何构造这样的过程。
In this study, we investigate the stability of the set of equilibria under non-tâtonnement processes formulated by Smale, and show that under a natural assumption named “continuous adjustment”, every nonextendable non-tâtonnement process converges to some point in the set of equilibria. Moreover, we show that such a process can be constructed.