• DocumentCode
    3514099
  • Title

    An interior-point method for computing economic equilibria

  • Author

    Pap, Zoltan

  • Author_Institution
    Subotica Tech, Coll. of Appl. Sci., Subotica, Serbia
  • fYear
    2011
  • fDate
    8-10 Sept. 2011
  • Firstpage
    113
  • Lastpage
    118
  • Abstract
    In this paper the possibility of computing equilibrium in static production economies by interior point method is investigated. The performance of the algorithm is tested on examples with known equilibria taken from the literature on general equilibrium models and numerical results are presented. In computing equilibria, economy will be specified by excess demand function.
  • Keywords
    industrial economics; demand function; economic equilibria computation; interior point method; static production economies; Approximation algorithms; Biological system modeling; Computational modeling; Economics; Jacobian matrices; Production; Vectors;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Intelligent Systems and Informatics (SISY), 2011 IEEE 9th International Symposium on
  • Conference_Location
    Subotica
  • Print_ISBN
    978-1-4577-1975-2
  • Type

    conf

  • DOI
    10.1109/SISY.2011.6034304
  • Filename
    6034304