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An equilibrium point is hyperbolic if none of the eigenvalues have zero real part. If all eigenvalues have negative real parts, the point is stable . If at least one has a positive real part, the point is unstable .
In physics, Lami's theorem is an equation relating the magnitudes of three coplanar, concurrent and non-collinear vectors, which keeps an object in static equilibrium, with the angles directly opposite to the corresponding vectors.
The simplest kind of an orbit is a fixed point, or an equilibrium. If a mechanical system is in a stable equilibrium state then a small push will result in a localized motion, for example, small oscillations as in the case of a pendulum. In a system with damping, a stable equilibrium state is moreover asymptotically stable. On the other hand ...
In economics, general equilibrium theory attempts to explain the behavior of supply, demand, and prices in a whole economy with several or many interacting markets, by seeking to prove that the interaction of demand and supply will result in an overall general equilibrium.
A Markov process is called a reversible Markov process or reversible Markov chain if there exists a positive stationary distribution π that satisfies the detailed balance equations [13] =, where P ij is the Markov transition probability from state i to state j, i.e. P ij = P(X t = j | X t − 1 = i), and π i and π j are the equilibrium probabilities of being in states i and j, respectively ...
The cobweb model or cobweb theory is an economic model that explains why prices may be subjected to periodic fluctuations in certain types of markets.It describes cyclical supply and demand in a market where the amount produced must be chosen before prices are observed.
The phase diagram shows, in pressure–temperature space, the lines of equilibrium or phase boundaries between the three phases of solid, liquid, and gas. The curves on the phase diagram show the points where the free energy (and other derived properties) becomes non-analytic: their derivatives with respect to the coordinates (temperature and ...
The law is a statement about equilibrium and gives an expression for the equilibrium constant, a quantity characterizing chemical equilibrium. In modern chemistry this is derived using equilibrium thermodynamics. It can also be derived with the concept of chemical potential. [3]