entity · derived
Recursive equilibrium
Derived node: assembled mechanically from the claims carrying recursive-equilibrium. A roster, not an adjudicated definition.
Every claim under this term
- 6607458-002 : Generalizing equilibrium existence to endogenous possibility spaces yields a different equilibrium object, a profile of generation functions rather than a price vector and allocation, different coordi
- 6607458-021 : A recursive equilibrium is a profile of generation functions and allocations satisfying individual optimality and model consistency simultaneously; it is recursive because the model-update operator fe
- 6607458-022 : Proposition 1: if the spaces of generation functions and domain models are nonempty, compact, and convex, and the individual optimization and model-update operators are continuous, then a recursive eq
- 6607458-038 : Computative Economics is not a generalization of digital platform economics, because platform economics extends Neoclassical Economics while remaining within its primitives, whereas the computative pr
- 6655138-018 : Recursive equilibrium under Computative Economics is not static equilibrium but equilibrium over the dynamics of generation, with the fixed point located in the rate and structure of action-set expans
- 6655138-031 : An implementation that respects the five implementation invariants inherits the recursive equilibrium guarantees of the foundational framework, and an implementation that does not is, in the strict se