Discover how competitive equilibrium balances supply and demand in markets, maximizing economic efficiency for profit-driven producers and value-seeking consumers.

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 ...

SAN FRANCISCO--(BUSINESS WIRE)--Equilibrium Energy, a technology company building a next-generation clean power company, today announced its market entry into California; signing of new battery tolls ...

An externality is a cost or benefit related to the production or consumption of a good or service that affects third parties unrelated to the production or consumption. It is generally the unintended, ...

Merton, Robert C. "A Simple Model of Capital Market Equilibrium with Incomplete Information." Journal of Finance 42, no. 3 (July 1987): 483–509.

Christina Majaski writes and edits finance, credit cards, and travel content. She has 14+ years of experience with print and digital publications. In mainstream economics, consumer surplus is the ...

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 ...

“Among all the Nobel Laureates in Economics, I have done the most abstract work,” Gérard Debreu said in 1985, two years after he’d received the Nobel Prize for his theory of economic equilibrium.

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. It is a scenario that until recently would have struck most observers as downright implausible: a financial ...