Equilibrium under flow

Flow equations for dissipative quantum systems under non-equilibrium conditions

Flow equations for dissipative quantum systems under non-equilibrium conditions This work investigates dissipative quantum systems by means of flow equations for Hamiltonians. We consider the time evolution of two models out of non-equilibrium initial states. As a first application the dis-sipative harmonic oscillator will be solved exactly. The insights gained will be used in the second and no...

Slip flow in porous micro-tubes under local thermal non-equilibrium conditions

In the present work, forced convection heat transfer of slip flow in porous micro-tubes with local thermal non-equilibrium between the gas and the solid matrix is investigated numerically. For this purpose, the flow is considered hydrodynamically developed but thermally developing. The Darcy-Brinkman-Forchheimer model in conjunction with separate energy equations for the gas and the solid matri...

Competitive Equilibrium Under Uncertainty

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Equilibrium Theory under Ambiguity

We extend the classical results on the Walras-core existence and equivalence to an ambiguous asymmetric information economies, i.e., economies where agents maximize Maximin Expected Utility (MEU). The interest of considering ambiguity arises from the fact that, in the presence of MEU decision making, there is no conflict between efficiency and incentive compatibility, (contrary to the Bayesian ...

Equilibrium routing under uncertainty