Home

disequilibria

Disequilibria refer to states in which the conditions of a system do not correspond to thermodynamic, mechanical, or economic balance. In such states, measurable imbalances drive flows or reactions that move the system toward equilibrium. Disequilibria can be temporary or persistent, depending on external constraints and internal feedbacks, and may involve gradients in energy, matter, or information.

Economics: Market disequilibria occur when prices do not reflect the balance of supply and demand, yielding

Chemistry and thermodynamics: Chemical disequilibrium exists when reactant and product concentrations are not at their equilibrium

Ecology and systems theory: Non-equilibrium dynamics describe ecosystems that are continually perturbed or subject to disturbances,

excess
demand
or
excess
supply.
External
shocks,
price
controls,
transaction
costs,
and
information
asymmetries
can
sustain
disequilibria.
Price
adjustment
mechanisms,
rationing,
and
market
frictions
gradually
restore
equilibrium,
though
new
disequilibria
can
arise
from
changing
conditions.
values,
causing
net
reactions.
In
open
or
dynamic
systems,
sustained
flows
of
energy
and
matter
can
maintain
disequilibria,
enabling
processes
that
would
not
occur
at
equilibrium,
such
as
living
metabolism.
In
physics,
temperature
or
chemical
potential
gradients
produce
fluxes
that
move
the
system
toward
equilibrium,
often
described
by
non-equilibrium
thermodynamics.
displaying
oscillations,
phase
shifts,
or
resilience
without
a
fixed
equilibrium
state.
The
study
of
disequilibria
emphasizes
how
systems
adapt,
reorganize,
and
evolve
in
the
face
of
constant
change.