Models of Economic Dynamics Proceedings of a Workshop held at the IM
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Models of Economic Dynamics Proceedings of a Workshop held at the IMA, University of Minnesota, Minneapolis, USA October 24-28, 1983
Edited by Hugo F. Sonnenschein
Springer-Verlag Berlin Heidelberg New York Tokyo
Editorial Board
H. Albach M. Beckmann (Managing Editor) P. Ohrymes G. Fandel J. Green W Hildenbrand W Krelle (Managing Editor) H.P. KQnzi G.L. Nemhauser K. Ritter R. Sato U. Schittko P. SchOnfeld R. Selten Managing Editors
Prof. Dr. M. Beckmann Brown University Providence, RI 02912, USA Prof. Dr. W. Krelle Institut fOr Gesellschafts- und Wirtschaftswissenschaften der Universitat Bonn Adenauerallee 24-42, 0-5300 Bonn, FRG Editor
Prof. Hugo F. Sonnenschein Department of Economics, Princeton University Princeton, NJ 08544, USA
ISBN 978-3-540-16098-4
ISBN 978-3-642-51645-0 (eBook)
DOI 10.10071978-3-642-51645-0 This work is subject to copyright. All rights are reserved, whether the whole or part of the material is concerned, specifically those of translation, reprinting, re-use of illustrations, broadcasting, reproduction by photocopying machine or similar means, and storage in data banks. Under § 54 of the German Copyright Law where copies are made for other than private use, a fee is payable to 'Verwertungsgesellschaft Wort", Munich.
© by Springer-Verlag Berlin Heidelberg 1986 214213140-543210
INSTITUTE FOR MATHEMATICS AND ITS APPLICATIONS PUBLICATIONS CORRENT VOLUMES: The MatheMatics and Physics of Disordered Media Editors: Barry Hughes and Barry Ninham (Springer-Verlag, Lecture Notes in Mathematics, Volume 1035) Orienting Polymers Editor: J.L. Ericksen (Springer-Verlag, Lecture Notes in Mathematics, Volume 1063) New Perspecti,es in Thermodynamics
Editor: James Serrin (Springer-Verlag, in press)
Models of Economic Dynamics Editor: Hugo Sonnenschein (Springer-Verlag, Lecture Notes in Economics, this volume) FORTHCOMING VOLUMES: Homogenization and Effective Moduli of Materials and Media Liquid Crystals and Liquid Crystal Polymers Amorphous Polymers and Non-Newtonian Fluids Oscillation Theory, Computation, and Methods of Compensated Compactness Metastability and Incompletely Posed Problems Dynamical Problems in Continuum Physics * * * * * * * * * *
The INSTITUTE FOR MATHEMATICS AND ITS APPLICATIONS was established by a grant from the National Science Foundation to the University of Minnesota in 1982. The IMA seeks to encourage the development and study of fresh mathematical concepts and questions of concern to the other sciences by bringing together mathematicians and scientists from diverse fields in an atmosphere that will stimulate discussion and collaboration. Hans Weinberger, Director George R. Sell, Associate Director * * * * * * * * * *
YEARLY PROGRAMS 1982-1983 STATISTICAL AND CONTINUUM APPROACHES TO PHASE TRANSITION 1983-1984 MATHEMATICAL MODELS FOR THE ECONOMICS OF DECENTRALIZED RESOURCE ALLOCATION 1984-1985 CONTINUUM PHYSICS AND PARTIAL DIFFERENTIAL EQUATIONS 1985-1986 STOCHASTIC DIFFERENTIAL EQUATIONS AND THEIR APPLICATIONS 1986-1987 SCIENTIFIC COMPUTATION 1987-1988 APPLIED COM
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