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Approximate versus Exact Equilibria in Dynamic Economies

✍ Scribed by Felix Kubler; Karl Schmedders

Book ID
111052472
Publisher
John Wiley and Sons
Year
2005
Tongue
English
Weight
287 KB
Volume
73
Category
Article
ISSN
0012-9682

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πŸ“œ SIMILAR VOLUMES

Reduced dynamics in the independent osci
Reduced dynamics in the independent oscillator model: exact versus Born–Markov approximation
✍ K.M. Fonseca Romero; M.C. Nemes πŸ“‚ Article πŸ“… 2003 πŸ› Elsevier Science 🌐 English βš– 175 KB

We derive the formal, exact reduced dynamics for the independent oscillator model in the rotating wave approximation at zero and ΓΏnite temperature. We show that the traditional form of the Born-Markov approximation is valid beyond this limit, the e ect of higher-order contributions being encapsulate