Why are only feasible price trajectories taken into consideration? How are they defined in both versions of
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Why are only feasible price trajectories taken into consideration? How are they defined in both versions of the dynamic Arrow-Hurwicz model?
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In economic theory feasible price trajectories are the only ones taken into consideration because they represent the possible and sustainable price pa...View the full answer
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Related Book For 
Microeconomics Static And Dynamic Analysis Springer Texts In Business And Economics
ISBN: 9783031105531
1st Edition
Authors: Krzysztof Malaga, Karolina Sobczak
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