Diclib.com
ChatGPT AI Dictionary

Dictionary Lookup Custom Solutions

Enter a word or phrase in any language 👆

Language:

Translation and analysis of words by ChatGPT artificial intelligence

On this page you can get a detailed analysis of a word or phrase, produced by the best artificial intelligence technology to date:

how the word is used
frequency of use
it is used more often in oral or written speech
word translation options
usage examples (several phrases with translation)
etymology

What (who) is equilibrium criterion - definition

ECONOMIC EQUILIBRIUM CONCEPT

Walrasian equilibrium; Competitive Equilibrium

Equilibrium point

CONSTANT SOLUTION TO A DIFFERENTIAL EQUATION

Equilibrium points; Equilibrium solution; Point of Equilibrium

In mathematics, specifically in differential equations, an equilibrium point is a constant solution to a differential equation.

https://en.wikipedia.org/wiki/Equilibrium_point

Competitive equilibrium

Competitive equilibrium (also called: Walrasian equilibrium) is a concept of economic equilibrium introduced by Kenneth Arrow and Gérard Debreu in 1951K. Arrow, ‘An Extension of the Basic Theorems of Classical Welfare Economics’ (1951); G.

https://en.wikipedia.org/wiki/Competitive_equilibrium

Mechanical equilibrium

(IN CLASSICAL MECHANICS) A PARTICLE IS IN MECHANICAL EQUILIBRIUM IF THE NET FORCE ON THAT PARTICLE IS ZERO

Static equilibrium; Point of equilibrium; Neutral balance; Mechanical Equilibrium; Static Equilibrium; Equilibrium (mechanics)

In classical mechanics, a particle is in mechanical equilibrium if the net force on that particle is zero. By extension, a physical system made up of many parts is in mechanical equilibrium if the net force on each of its individual parts is zero.

https://en.wikipedia.org/wiki/Mechanical_equilibrium

Wikipedia

Competitive equilibrium

Competitive equilibrium (also called: Walrasian equilibrium) is a concept of economic equilibrium, introduced by Kenneth Arrow and Gérard Debreu in 1951, appropriate for the analysis of commodity markets with flexible prices and many traders, and serving as the benchmark of efficiency in economic analysis. It relies crucially on the assumption of a competitive environment where each trader decides upon a quantity that is so small compared to the total quantity traded in the market that their individual transactions have no influence on the prices. Competitive markets are an ideal standard by which other market structures are evaluated.

https://en.wikipedia.org/wiki/Competitive equilibrium