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In cosmology, the steady-state model or steady state theory is an alternative to the Big Bang theory. In the steady-state model, the density of matter in the expanding universe remains unchanged due to a continuous creation of matter, thus adhering to the perfect cosmological principle , a principle that says that the observable universe is ...
Steady state determination is an important topic, because many design specifications of electronic systems are given in terms of the steady-state characteristics. Periodic steady-state solution is also a prerequisite for small signal dynamic modeling. Steady-state analysis is therefore an indispensable component of the design process.
Sir Hermann Bondi KCB FRS [1] (1 November 1919 – 10 September 2005) [7] was an Austrian-British mathematician and cosmologist.. He is best known for developing the steady state model of the universe with Fred Hoyle and Thomas Gold as an alternative to the Big Bang theory.
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Although Chamley (1986) and Judd (1985) rely on steady-state properties of constant consumption and labor and, consequently, also a constant elasticity of consumption in order to argue that current and future consumption are equally complementary to leisure, Judd (1999) shows that a steady state is a sufficient but not a necessary condition for ...
The redshift hypothesised in the Big Bang model would by itself explain the darkness of the night sky even if the universe were infinitely old. In the Steady state theory the universe is infinitely old and uniform in time as well as space. There is no Big Bang in this model, but there are stars and quasars at arbitrarily great distances.
A steady-state economy is not to be confused with economic stagnation: Whereas a steady-state economy is established as the result of deliberate political action, economic stagnation is the unexpected and unwelcome failure of a growth economy. An ideological contrast to the steady-state economy is formed by the concept of a post-scarcity economy.
The steady state approximation, [1] occasionally called the stationary-state approximation or Bodenstein's quasi-steady state approximation, involves setting the rate of change of a reaction intermediate in a reaction mechanism equal to zero so that the kinetic equations can be simplified by setting the rate of formation of the intermediate equal to the rate of its destruction.