Timeline for Market-clearing price vector in an "aggregate demand system"
Current License: CC BY-SA 3.0
6 events
| when toggle format | what | by | license | comment | |
|---|---|---|---|---|---|
| Mar 3, 2013 at 22:08 | vote | accept | Eric Andersson | ||
| Mar 3, 2013 at 22:08 | vote | accept | Eric Andersson | ||
| Mar 3, 2013 at 22:08 | |||||
| Mar 1, 2013 at 10:35 | comment | added | arsmath | It's not a convex optimization problem, so you can't plausibly solve a problem with a million variables, but for problems with 20 variables, non-convex solvers will work. Google "Computational General Equilibrium" for more information. | |
| Mar 1, 2013 at 1:42 | comment | added | Michael Greinecker | The problem is essentially equivalent to the Brouwer fixed point theorem (at least without gross substitutes). | |
| Feb 28, 2013 at 21:23 | comment | added | Eric Andersson | Many thanks -- with regard to your statement "practically speaking any general-purpose nonlinear solver will do" -- is the resulting problem, say, a convex optimization problem and therefore known to be easy? The use of Sperner's lemma would suggest to me that it's somewhat more combinatorial and therefore not as nicely behaved. | |
| Feb 28, 2013 at 20:57 | history | answered | arsmath | CC BY-SA 3.0 |