Discover how competitive equilibrium balances supply and demand in markets, maximizing economic efficiency for profit-driven producers and value-seeking consumers.
The glass transition, extensively studied in dense fluids, polymers or colloids, corresponds to a marked evolution of equilibrium transport coefficients on a modest change of control parameter, such ...
This week “The Economist explains” is given over to economics. For each of six days until Saturday this blog will publish a short explainer on a seminal idea. ECONOMISTS can usually explain the past ...
Discover the concept of underemployment equilibrium in economics, its effects on unemployment rates, and why it persists. Explore Keynesian insights into economic downturns.
In the context of markets, equilibrium is when there's a balance between supply and demand, causing prices to stabilize. When there's an imbalance between supply and demand, prices tend to fluctuate ...
A collision between relativistic ions will sometimes, if the temperatures/energies of the particles are high enough, create a temporary state known as a quark-gluon plasma: where even individual ...
In 1950, John Nash — the mathematician later featured in the book and film “A Beautiful Mind” — wrote a two-page paper that transformed the theory of economics. His crucial, yet utterly simple, idea ...
SAN FRANCISCO & AUSTIN, Texas--(BUSINESS WIRE)--Equilibrium Energy (“Equilibrium”) and Hatch Renewables (“Hatch”) today announced a partnership to manage utility-scale battery storage by pursuing ...
A dynamic equilibrium is formed in a reversible reaction when the rates of the forward and reverse reaction are equal and the amounts of the reactants and the products remains constant. In this ...