ISSN:
1436-4646
Keywords:
Equilibrium
;
Linear Monetary Economy
;
Linear Programming
Source:
Springer Online Journal Archives 1860-2000
Topics:
Computer Science
,
Mathematics
Notes:
Abstract An algorithm is presented for computing equilibria in a linear monetary economy, that is, an exchange economy in which all individuals have linear utility functions and in which goods are bought and sold only in exchange for money. The algorithm computes the equilibrium prices by solving a finite sequence of linear programming problems.
Type of Medium:
Electronic Resource
URL:
http://dx.doi.org/10.1007/BF01584239