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
Link To Document