IEEE - Institute of Electrical and Electronics Engineers, Inc. - Process and information in economic models of markets

1975 IEEE Conference on Decision and Control including the 14th Symposium on Adaptive Processes

Author(s): Clement G. Krouse
Publisher: IEEE - Institute of Electrical and Electronics Engineers, Inc.
Publication Date: 1 December 1975
Conference Location: Houston, TX, USA, USA
Conference Date: 10 December 1975
Page(s): 9 - 12
DOI: 10.1109/CDC.1975.270637
Regular:

The theme of this essay is simple: what economic equilibrium is in a particular market (structure) depends on what individuals and firms know and how they react in disequilibrium processes to... View More

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