Implementing a generic smooth function (Q1071626)

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scientific article; zbMATH DE number 3939035
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Implementing a generic smooth function
scientific article; zbMATH DE number 3939035

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    Implementing a generic smooth function (English)
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    1984
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    We define a realization of a smooth, real-valued function in a manner that is based upon Hurwicz's model of informationally decentralized economic mechanisms. Realizations are distinguished by 'type' - a measure of the kind of information that the realization requires from each agent in order to operate. Necessary conditions for the existence of a realization of a particular type are given, and the types of realizations that exist for a generic smooth function are classified. Most of the mathematical techniques in this paper are commonly used in differential geometry and in the study of smooth mappings. Some results from the theory of algebraic equations are also employed.
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    informationally decentralized economic mechanisms
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    differential geometry
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    smooth mappings
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    algebraic equations
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