Definition of "equilibria" [equilibria]

• Plural form of equilibrium. (noun)

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• "The interaction of growth and business cycle can then take a slightly different form: alternation of good and bad equilibria is not just a simple averaging.)"
• "They do not regard business cycles as aberrations but as moving "equilibria," "optimal" responses to the ever-changing natural economic environment."
• "He will find that general equilbrium theorists argue that there are "equilibria" in which market prices jump around with no relevant news (based on irrelevant news that has nothing to do with tastes or technology)."