Proportional response dynamics in the Fisher market
type: Item
instance of: scholarly article
title: Proportional response dynamics in the Fisher market
zbMATH Open document ID: 1222.91021
published in: Theoretical Computer Science
publication date: 2011-06-07T00:00:00Z
review text: A dynamic process where budget allocations are proportional to the current good utilities is considered for the Fisher market. It is supposed that the utilities have constant elasticity of substitution. The author establishes convergence of the process to an equilibrium and evaluates its rate of convergence.
reviewed by: Igor V. Konnov
Mathematics Subject Classification ID: 91B26
Mathematics Subject Classification ID: 91B55
Mathematics Subject Classification ID: 90C25
zbMATH DE Number: 5905029
zbMATH Keywords: Fisher market
zbMATH Keywords: proportional dynamics
zbMATH Keywords: equilibrium
zbMATH Keywords: convergence
author: Li Zhang
MaRDI profile type: Publication
full work available at URL: j.tcs.2010.06.021
OpenAlex ID: W2118846912
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DOI: 10.1016/J.TCS.2010.06.021
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description: scientific article; zbMATH DE number 5905029