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Sunspots (economics): Revision history


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10 February 2024

10 October 2022

  • curprev 13:1513:15, 10 October 2022 Brunosmaniotto talk contribs 14,918 bytes −373 Removed wrong claim that "(The Cass Shell example relies on the fact that general equilibrium models often possess multiple equilibria.) ... When this occurs, there is always an odd number of equilibria.". This is clearly false: any economy with infinitely many equilibria has multiple equilibria, but then the number of equilibria is neither odd nor even. One can also build an economy with exactly two equilibria. undo

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