Examples of Equilibrium condition in a sentence
Equilibrium condition (i) implies η(θi) j γj(yi)vj(yi) = k, so there is an h with γh(yi) > 0 and η(θi)vh(yi) > k.
These beliefs are common, degenerate and governed by the lenders’ respective CSTl. Equilibrium condition (1.2) guarantees that these beliefs are consistent with the distribution of consumers into the respective mortgage markets.27Remark 3: Unlike in traditional general equilibrium models where the market structure is exogenous, in our model the measure of borrowers in the TB and NB mortgage markets is endogenous and therefore so is the market structure.
Equilibrium condition 3 shows that the maximal information of each active player j ∈ a(K) can be calculated independently of the other active players’ information, according to equation (4).
Typically, this involves an assumption that a Donnan Equilibrium condition applies, which equates the chemical potentials of the species in the diffuse layer and the bulk solution.
Equilibrium condition is assumed where the laser beam passes and the adiabatic flame temperature is used to correlate the calibration factors for each individual species.
Equilibrium condition (6) is the first order condition of the household’s problem.
Equilibrium condition 2 can be rewriten as maximizing (1) over (p, y) for given parameter x and we can apply the envelop theorem.
Equilibrium condition between two phases can be interpreted as the equality of the fugacities of the corresponding components in two phases.
Terms in (θ − γ) or (σ − ξ) with σ = 1/γ and ξ = 1/θ will characterize deviations from the separable case, how much the marginal utility of consumption is affected by money.88 COCHRANE With this functional form, the derivatives areu=c1—θ + αm1—θ1−θ c—θh i θ−γc t t t 1−θ αm—θ.tth i θ−γum=c1—θ + αm1—θt Equilibrium condition (45) becomes um (t) = α uc(t) mt —θct = it − im.
Equilibrium condition was reached when the system pressure did not change.