{"product_id":"economic-dynamics-and-information-jaroslav-zajac-9783540326946","title":"Economic Dynamics and Information","description":"\u003cp\u003eThis book analyzes the existence of equilibria in economies having a measured space of agents and a continuum of agents and commodities. Excessive homogeneity with respect to agent productivity leads to instability and non-uniqueness of a given stationary state and the indeterminacy of the corresponding stationary state equilibrium. Sufficient heterogeneity leads to global saddle-path stability, uniqueness of a given stationary state and the global uniqueness of the corresponding equilibrium. The variety and variance of agent capabilities is reflected in such constructions as culture, social relations, ideology, politics, and preferences that change continuously with historical development. Information variety is an efficacious companion of systemic variety, and can support the performance of an economy, and can be an economically efficient cradle for adaptation to environmental and individual change and systemic evolution. \u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Jaroslav Zajac\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 3540326944\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9783540326946\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Springer\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 08\/01\/2006\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 274\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Paperback\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 0.90lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.21h x 6.14w x 0.60d","brand":"Jaroslav Zajac","offers":[{"title":"Paperback","offer_id":47424565018879,"sku":"9783540326946","price":54.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_f716e50c-c3cd-4dfd-857b-1c3472d051b4.jpg?v=1761531074","url":"https:\/\/www.whiterainbookhouse.com\/products\/economic-dynamics-and-information-jaroslav-zajac-9783540326946","provider":"WR Book House","version":"1.0","type":"link"}