We study a dynamic equilibrium search model where sellers differ in their urgency to liquidate an asset. Buyers strategically make price offers without knowing a given seller’s urgency. We study ...

In this paper an equation describing the dynamic behavior of a nonlinear beam with viscous damping is treated. In particular it is shown that when the trivial solution is the only equilibrium solution ...

Non-equilibrium molecular dynamics are required when the system being modelled doesn’t satisfy equilibrium conditions. Equilibrium conditions can be defined as when the atomic vibrations of the system ...

Rotemberg, Julio J., and Michael Woodford. "Dynamic General Equilibrium Models with Imperfectly Competitive Product Markets." In Frontiers of Business Cycle Research, edited by Thomas Cooley.