This paper proposes a spatial model with realistic geography where continuous distribution of agents (e.g., farmers) engages in economic interactions one location from finite set cities). The structure the equilibrium consists tessellation, i.e., partition space into collection mutually exclusive market areas. After proving existence unique equilibrium, we characterize how borders and, case mob...

We prove the stability of equilibrium in a completely decentralized Walrasian general equilibrium economy in which prices are fully controlled by economic agents, with production and trade occurring out of equilibrium. Journal of Economic Literature Classifications: C62—Existence and Stability Conditions of Equilibrium D51—Exchange and Production Economies D58—Computable and Other Applied Gener...

The computational complexity of finding a Nash equilibrium in a nonzero sum bimatrix game is an important open question. We put forward the notion of (0, 1)-bimatrix games, and show that some associated computational problems are as hard as in the general case.

The present work reports the detailed B3LYP/6-311++G(d,p) study of most stable transand cisconfigurations photoisomerization in the core system of computational photochemistry-the 5,5'-disubstituted-1,1'-azobis (tetrazole) molecules. All computations were carried out in gas phase attemperature 293.15 K and pressure 1 atm. Firstly; the potential energy surface (PES) of the groundstate of the mol...