He introduced the concept of “adaptive efficiency,” which concerns a society’s dynamic ability to solve problems over time. North explains in his classic Institutions, Institutional Change, and ...

The Hardy-Weinberg equilibrium principle describes the unchanging frequency of alleles and genotypes in a stable, idealized population. In this population we assume there is random mating and ...

Merton, Robert C. "A Dynamic General Equilibrium Model of the Asset Market and Its Application to the Pricing of the Capital Structure of the Firm." Sloan School of Management Working Paper, No.

When a change is made to a system at equilibrium, the position of equilibrium moves to counteract the change that was made. For example, if the temperature is increased, the position of ...

Most cells use glucose for ATP synthesis, but there are other fuel molecules equally important for maintaining the body's equilibrium or homeostasis. Indeed, although the oxidation pathways of ...

When a change is made to a system at equilibrium, the position of equilibrium moves to counteract the change that was made. For example, if the temperature is increased, the position of ...