Computation Of Economic Equilibria By Path Methods

Download Computation Of Economic Equilibria By Path Methods full books in PDF, epub, and Kindle. Read online Computation Of Economic Equilibria By Path Methods ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!

Computation of Economic Equilibria by Path Methods

Author : Stanford University. Department of Operations Research. Systems Optimization Laboratory
Publisher :
ISBN 13 :
Total Pages : 136 pages
Book Rating : 4.F/5 ( download)

DOWNLOAD NOW!

Book Synopsis Computation of Economic Equilibria by Path Methods by : Stanford University. Department of Operations Research. Systems Optimization Laboratory

Download or read book Computation of Economic Equilibria by Path Methods written by Stanford University. Department of Operations Research. Systems Optimization Laboratory and published by . This book was released on 1977 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt: An introduction to the economic equilibrium model is given and it is demonstrated that a path method can be used to compute equilibria for pure exchange economies in a nonlinear setting. Next, a model is described for an economy in which the utility functions are piecewise linear and the consumption and production sets are polyhedral. It is shown that an equilibrium for this economy is the solution to a system of bilinear equations subject to certain linear inequality and complementarity constraints. Two approaches are discussed for computing equilibria for such economies. The first is the bilinear complementarity algorithm (BCA) and the second is the homotopy retraction algorithm (HRA). Convergence proofs are given for both methods using the general theory for path methods described above. No conclusion could be drawn as to which algorithm was superior, but both performed well enough that it appears that much larger equilibrium problems also can be solved efficiently by these methods.

The Computation of Equilibria by Path Methods

Author : Thomas Richard Elken
Publisher :
ISBN 13 :
Total Pages : 434 pages
Book Rating : 4.:/5 (386 download)

DOWNLOAD NOW!

Book Synopsis The Computation of Equilibria by Path Methods by : Thomas Richard Elken

Download or read book The Computation of Equilibria by Path Methods written by Thomas Richard Elken and published by . This book was released on 1977 with total page 434 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Dynamic General Equilibrium Modeling

Author : Burkhard Heer
Publisher : Springer Nature
ISBN 13 : 3031516818
Total Pages : 943 pages
Book Rating : 4.0/5 (315 download)

DOWNLOAD NOW!

Book Synopsis Dynamic General Equilibrium Modeling by : Burkhard Heer

Download or read book Dynamic General Equilibrium Modeling written by Burkhard Heer and published by Springer Nature. This book was released on with total page 943 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contemporary macroeconomics is built upon microeconomic principles, with its most recent advance featuring dynamic stochastic general equilibrium models. The textbook by Heer and Maußner acquaints readers with the essential computational techniques required to tackle these models and employ them for quantitative analysis. This third edition maintains the structure of the second, dividing the content into three separate parts dedicated to representative agent models, heterogeneous agent models, and numerical methods. At the same time, every chapter has been revised and two entirely new chapters have been added. The updated content reflects the latest advances in both numerical methods and their applications in macroeconomics, spanning areas like business-cycle analysis, economic growth theory, distributional economics, monetary and fiscal policy. The two new chapters delve into advanced techniques, including higher-order perturbation, weighted residual methods, and solutions to high-dimensional nonlinear problems. In addition, the authors present further insights from macroeconomic theory, complemented by practical applications like the Smolyak algorithm, Gorman aggregation, rare disaster models and dynamic Laffer curves. Lastly, the new edition places special emphasis on practical implementation across various programming languages; accordingly, its accompanying web page offers examples of computer code for languages such as MATLAB®, GAUSS, Fortran, Julia and Python. "This book does not only an excellent job in explaining the existing tools, but it also teaches the reader on how to write his/her own programs and it provides the reader with the tools to help advance the state of the art of dynamic macroeconomics." Wouter J. Den Haan, London School of Economics ”... provides the reader with exactly the necessary computational tools to solve the dynamic general equilibrium models macroeconomists care about. It is therefore the perfect complement to Stokey, Lucas and Prescott's and Sargent and Ljungqvist's theoretical treatment of modern macroeconomics." Dirk Krueger, University of Pennsylvania.

Computing Equilibria and Fixed Points

Author : Zaifu Yang
Publisher : Springer Science & Business Media
ISBN 13 : 1475748396
Total Pages : 349 pages
Book Rating : 4.4/5 (757 download)

DOWNLOAD NOW!

Book Synopsis Computing Equilibria and Fixed Points by : Zaifu Yang

Download or read book Computing Equilibria and Fixed Points written by Zaifu Yang and published by Springer Science & Business Media. This book was released on 2013-04-17 with total page 349 pages. Available in PDF, EPUB and Kindle. Book excerpt: Computing Equilibria and Fixed Points is devoted to the computation of equilibria, fixed points and stationary points. This volume is written with three goals in mind: (i) To give a comprehensive introduction to fixed point methods and to the definition and construction of Gröbner bases; (ii) To discuss several interesting applications of these methods in the fields of general equilibrium theory, game theory, mathematical programming, algebra and symbolic computation; (iii) To introduce several advanced fixed point and stationary point theorems. These methods and topics should be of interest not only to economists and game theorists concerned with the computation and existence of equilibrium outcomes in economic models and cooperative and non-cooperative games, but also to applied mathematicians, computer scientists and engineers dealing with models of highly nonlinear systems of equations (or polynomial equations).

Dynamic General Equilibrium Modelling

Author : Burkhard Heer
Publisher : Springer Science & Business Media
ISBN 13 : 9783540220954
Total Pages : 568 pages
Book Rating : 4.2/5 (29 download)

DOWNLOAD NOW!

Book Synopsis Dynamic General Equilibrium Modelling by : Burkhard Heer

Download or read book Dynamic General Equilibrium Modelling written by Burkhard Heer and published by Springer Science & Business Media. This book was released on 2005-01-11 with total page 568 pages. Available in PDF, EPUB and Kindle. Book excerpt: Modern business cycle theory and growth theory uses stochastic dynamic general equilibrium models. Many mathematical tools are needed to solve these models. The book presents various methods for computing the dynamics of general equilibrium models. In part I, the representative-agent stochastic growth model is solved with the help of value function iteration, linear and linear quadratic approximation methods, parameterised expectations and projection methods. In order to apply these methods, fundamentals from numerical analysis are reviewed in detail. Part II discusses methods for solving heterogeneous-agent economies. In such economies, the distribution of the individual state variables is endogenous. This part of the book also serves as an introduction to the modern theory of distribution economics. Applications include the dynamics of the income distribution over the business cycle or the overlapping-generations model. Through an accompanying home page to this book, computer codes to all applications can be downloaded.

Network Economics

Author : Anna Nagurney
Publisher : Springer Science & Business Media
ISBN 13 : 1475730055
Total Pages : 423 pages
Book Rating : 4.4/5 (757 download)

DOWNLOAD NOW!

Book Synopsis Network Economics by : Anna Nagurney

Download or read book Network Economics written by Anna Nagurney and published by Springer Science & Business Media. This book was released on 2013-03-09 with total page 423 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the publication of the first edition of Network Economics: A Variational Inequality Approach in 1993, there have been many ad vances in both methodological developments, as well as, applications in this field. These have occurred in an environment of an increasingly networked global economy, in which the importance of transportation networks and communication networks is now well-recognized, with net works such as knowledge networks, environmental networks, and finan cial networks receiving growing attention. This edition adds recent research progress in new and evolving ar eas of network economics through common and unifying principles. In addition, it includes dynamic models of traffic, of spatially separated markets, of oligopolistic markets, and of financial markets. In order to expand the range and reach of this material, we have also included a series of problems in an appendix for self-study purposes and for use in the classroom. We note that computational economics has been at the forefront in stimulating the development of mathematical methodologies for the analysis and solution of complex, large-scale problems. The past fifteen years, in particular, have witnessed a dramatic growth of interest in this area. Supported by the increasing availability of data and by advances in computer architectures, the scale and dimensions of problems that can now be handled are unveiling new horizons in both theoretical modeling and policy analysis.

The Computation of Economic Equilibria

Author : Peter B. Dixon
Publisher :
ISBN 13 :
Total Pages : 13 pages
Book Rating : 4.:/5 (216 download)

DOWNLOAD NOW!

Book Synopsis The Computation of Economic Equilibria by : Peter B. Dixon

Download or read book The Computation of Economic Equilibria written by Peter B. Dixon and published by . This book was released on with total page 13 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Computation of Equilibrium Prices

Author : Herbert E. Scarf
Publisher :
ISBN 13 :
Total Pages : 172 pages
Book Rating : 4.F/5 ( download)

DOWNLOAD NOW!

Book Synopsis The Computation of Equilibrium Prices by : Herbert E. Scarf

Download or read book The Computation of Equilibrium Prices written by Herbert E. Scarf and published by . This book was released on 1979 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Computational Economic Systems

Author : Manfred Gilli
Publisher : Springer Science & Business Media
ISBN 13 : 9401587434
Total Pages : 284 pages
Book Rating : 4.4/5 (15 download)

DOWNLOAD NOW!

Book Synopsis Computational Economic Systems by : Manfred Gilli

Download or read book Computational Economic Systems written by Manfred Gilli and published by Springer Science & Business Media. This book was released on 2013-03-09 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: The approach to many problems in economic analysis has changed drastically with the development and dissemination of new and more efficient computational techniques. Computational Economic Systems: Models, Methods & Econometrics presents a selection of papers illustrating the use of new computational methods and computing techniques to solve economic problems. Part I of the volume consists of papers which focus on modelling economic systems, presenting computational methods to investigate the evolution of behavior of economic agents, techniques to solve complex inventory models on a parallel computer and an original approach for the construction and solution of multicriteria models involving logical conditions. Contributions to Part II concern new computational approaches to economic problems. We find an application of wavelets to outlier detection. New estimation algorithms are presented, one concerning seemingly related regression models, a second one on nonlinear rational expectation models and a third one dealing with switching GARCH estimation. Three contributions contain original approaches for the solution of nonlinear rational expectation models.

Scientific and Technical Aerospace Reports

Author :
Publisher :
ISBN 13 :
Total Pages : 762 pages
Book Rating : 4.3/5 (91 download)

DOWNLOAD NOW!

Book Synopsis Scientific and Technical Aerospace Reports by :

Download or read book Scientific and Technical Aerospace Reports written by and published by . This book was released on 1978 with total page 762 pages. Available in PDF, EPUB and Kindle. Book excerpt: Lists citations with abstracts for aerospace related reports obtained from world wide sources and announces documents that have recently been entered into the NASA Scientific and Technical Information Database.

Naval Research Logistics Quarterly

Author :
Publisher :
ISBN 13 :
Total Pages : 744 pages
Book Rating : 4.3/5 (91 download)

DOWNLOAD NOW!

Book Synopsis Naval Research Logistics Quarterly by :

Download or read book Naval Research Logistics Quarterly written by and published by . This book was released on 1980 with total page 744 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Economic Evolution and Equilibrium

Author : Marco Lehmann-Waffenschmidt
Publisher : Springer Science & Business Media
ISBN 13 : 3540686622
Total Pages : 265 pages
Book Rating : 4.5/5 (46 download)

DOWNLOAD NOW!

Book Synopsis Economic Evolution and Equilibrium by : Marco Lehmann-Waffenschmidt

Download or read book Economic Evolution and Equilibrium written by Marco Lehmann-Waffenschmidt and published by Springer Science & Business Media. This book was released on 2007-05-07 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work uses various model frameworks to study the evolution of equilibria in an open loop evolving economy in which the model characteristics evolve without any directional restrictions except for continuity. Applying mathematical methods, it is shown that equilibria can always be adapted in a piecewise gradual, non bang-bang way.

Computation of Particular Economic Equilibria

Author : Jerome Bracken
Publisher :
ISBN 13 :
Total Pages : 26 pages
Book Rating : 4.:/5 (227 download)

DOWNLOAD NOW!

Book Synopsis Computation of Particular Economic Equilibria by : Jerome Bracken

Download or read book Computation of Particular Economic Equilibria written by Jerome Bracken and published by . This book was released on 1976 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: The computation of economic equilibria, given specific supply and demand functions, is a well-established problem normally treated by fixed point methods or other iterative schemes which converge to a point satisfying the equilibrium criteria. In cases where there are several points which satisfy the equilibrium criteria, these methods will produce a solution distinguished only by the characteristics of the method itself and the starting point used. For some applications, it is desirable to characterize a particular equilibrium point in the presence of multiple equilibria. In this paper, economies are considered with demand and supply characteristics which can be described in terms of separable functions (i.e., functions which are sums of functions each of a single variable) or in terms of functions which can be made separable by introducing new variables and equations. A recently developed branch and bound algorith, is applied to the problem of maximizing any of several separable objective functions (consumer surplus, producer surplus and total surplus are used, although others could be defined) subject to the equilibrium criteria, thus producing a particular equilibrium point. If there is more than one equilibrium point solution for a particular objective function, the branch and bound procedure will produce all such solutions.

Solution Techniques for the Computation of Economic Equilibria Using Maximin Ulitity Functions

Author : Marilyn D. Oblak
Publisher :
ISBN 13 :
Total Pages : 324 pages
Book Rating : 4.:/5 (822 download)

DOWNLOAD NOW!

Book Synopsis Solution Techniques for the Computation of Economic Equilibria Using Maximin Ulitity Functions by : Marilyn D. Oblak

Download or read book Solution Techniques for the Computation of Economic Equilibria Using Maximin Ulitity Functions written by Marilyn D. Oblak and published by . This book was released on 1978 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Recursive Methods in Economic Dynamics

Author : Nancy L. Stokey
Publisher : Harvard University Press
ISBN 13 : 0674735188
Total Pages : 607 pages
Book Rating : 4.6/5 (747 download)

DOWNLOAD NOW!

Book Synopsis Recursive Methods in Economic Dynamics by : Nancy L. Stokey

Download or read book Recursive Methods in Economic Dynamics written by Nancy L. Stokey and published by Harvard University Press. This book was released on 1989-10-10 with total page 607 pages. Available in PDF, EPUB and Kindle. Book excerpt: This rigorous but brilliantly lucid book presents a self-contained treatment of modern economic dynamics. Stokey, Lucas, and Prescott develop the basic methods of recursive analysis and illustrate the many areas where they can usefully be applied.

Monograph

Author :
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (214 download)

DOWNLOAD NOW!

Book Synopsis Monograph by :

Download or read book Monograph written by and published by . This book was released on 1975 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Theory of General Economic Equilibrium

Author : Trout Rader
Publisher : Academic Press
ISBN 13 : 1483268926
Total Pages : 383 pages
Book Rating : 4.4/5 (832 download)

DOWNLOAD NOW!

Book Synopsis Theory of General Economic Equilibrium by : Trout Rader

Download or read book Theory of General Economic Equilibrium written by Trout Rader and published by Academic Press. This book was released on 2014-05-10 with total page 383 pages. Available in PDF, EPUB and Kindle. Book excerpt: Theory of General Economic Equilibrium provides information pertinent to the general economic equilibrium theory. This book covers a variety of topics, including efficiency, economic systems analysis, welfare economics, and international trade. Organized into three parts encompassing eight chapters, this book begins with an overview of the theory of efficient production and growth where consumer preferences play a subordinate role. This text then examines that for the case where preferences satisfy appropriate conditions, efficiency theory is superseded as normative analysis by optimality theory. Other chapters consider the optimization of consumer preferences that leads to the decline of many families. This book discusses as well the existence of equilibrium, which is of importance to both normative and positive economics. The final chapter deals with the question of the speed with which the economic system attains its equilibrium state, which is assumed to be stationary. This book is a valuable resource for professional economists and advanced graduate students in economics.