Computation of Competitive Equilibria by a Sequence of Linear Programs

DOI10.2307/1911924zbMath0449.90010OpenAlexW2095223469MaRDI QIDQ3896786

Hung-po Chao, Alan S. Manne, Robert Wilson

Publication date: 1980

Published in: Econometrica (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.2307/1911924

zbMATH Keywords

algorithmconvergencecomputational experienceWalrasian equilibriumsequence of linear programscomputation of competitive equilibriamaster problemapproximation of competitive equilibriapiecewise linear economy

Mathematics Subject Classification ID

Numerical mathematical programming methods (65K05) Applications of mathematical programming (90C90) Linear programming (90C05) General equilibrium theory (91B50)

Related Items (6)

Parametric fixed point algorithms with applications to economic policy analysis ⋮ Computation of a large-scale competitive equilibrium through optimization ⋮ Introducing realistic savings patterns in intertemporal models ⋮ The Manne-Chao-Wilson algorithm for computing competitive equilibria: A modified version and its implementation ⋮ George Dantzig in the development of economic analysis ⋮ Combining a path method and parametric linear programming for the computation of competitive equilibria

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