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Stable equilibrium
(redirected from stable equilibria)

    Also found in: Legal, Encyclopedia 0.01 sec.
(Mech.) the kind of equilibrium of a body so placed that if disturbed it returns to its former position, as in the case when the center of gravity is below the point or axis of support; - opposed to unstable equilibrium, in which the body if disturbed does not tend to return to its former position, but to move farther away from it, as in the case of a body supported at a point below the center of gravity. Cf. Neutral equilibrium, under Neutral.

See also: Stable



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There could be a single stable equilibrium or more than two stable equilibria.
Is It Worth while to Pay Referees? by Lai, Ching-chong / Southern Economic Journal
Thus, all stable equilibria according to a given theory would become unstable according to that theory and all unstable equilibria would become stable (with some exceptions at the extreme and boundaries).
Instability of equilibria in experimental markets: upward-sloping ... by Smith, Jared / Southern Economic Journal
For these reasons, we shall only describe the stable equilibria in section IV.
Social surplus and profitability under different spatial pricing ... by Thisse, Jacques-Francois / Southern Economic Journal
 
 
 
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