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Equilibrium

equilibrium price

Look up equilibrium in Wiktionary, the free dictionary.

Equilibrium may refer to:

In the physical sciences

  • Thermodynamic equilibrium, when internal processes of a system cause no overall change in temperature or pressure
  • Dynamic equilibrium, when two reversible processes (in thermodynamics) occur at the same rate
  • Chemical equilibrium, when a chemical reaction proceeds at the same rate as its reverse reaction, with no change in the amount of each compound
  • Mechanical equilibrium, when the sum of the forces and moments on each particle of a system is zero
  • Quasistatic equilibrium, when internal processes change gradually from one equilibrium state to the next

In biological science

  • Punctuated equilibrium, a part of evolutionary theory that states that speciation occurs relatively quickly with long periods of little change in between.

In economics

In game theory

  • Nash equilibrium an optimal collective strategy in a game involving two or more players

In ethics

In entertainment

See also

The content of this page is retrieved from http://en.wikipedia.org/wiki/Equilibrium under GFDL