Author : Anna Nagurney
Publisher : Springer Science & Business Media
ISBN 13 : 9780792383505
Total Pages : 452 pages
Book Rating : 4.3/5 (835 download)
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 1998-12-31 with total page 452 pages. Available in PDF, EPUB and Kindle. Book excerpt: The second and revised edition of Network Economics: A Variational Inequality Approach provides an updated treatment of network economics through the inclusion of new theoretical results and new applications, as well as problems for self-study purposes and/or for use in the classroom. This volume remains true to the first edition in that it provides a unified treatment of finite-dimensional variational inequalities, algorithms, and applications. Physical networks are pervasive in today's society in the form of transportation networks, telecommunication networks, energy networks, and financial networks, whereas mathematical networks provide a mechanism for studying a plethora of economic equilibrium problems through a common graphic structure. Network Economics establishes the connections among economic equilibrium problems through their network structure and demonstrates how the structure can then be used to address policy interventions, as well as to construct efficient numerical schemes for the computation of equilibria. The network framework provides not only a mechanism for the graphic representation of economic problems and a means for visualizing their similarities and differences, but, in addition, a novel theoretical approach. Problems treated include: congested transportation systems, oligopolistic market equilibrium problems, problems of human migration, and general financial and economic equilibrium problems. New applications covered in this second edition include environmental networks and knowledge networks.