An Algorithm for a Piecewise Linear Model of Trade and Production with Negative Prices and Bankruptcy.

Abstract

An algorithm for a piecewise linear model of trade and production with negative prices and bankruptcy is described. The algorithm uses complementary pivoting to adjust the utility weights as in welfare economics and generates an approximate equilibrium or demonstrates that the traders are not resource related. (Author)

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Document Details

Document Type
Technical Report
Publication Date
Aug 01, 1976
Accession Number
ADA031065

Entities

People

  • B. C. Eaves
  • D. Gale
  • G. B. Dantzig

Organizations

  • Stanford University

Tags

Communities of Interest

  • Energy and Power Technologies

DTIC Thesaurus Topics

  • Algorithms
  • Bankruptcy
  • Computations
  • Consumers
  • Convex Sets
  • Economic Models
  • Economics
  • Equations
  • Iterations
  • Linear Programming
  • Mathematical Programming
  • Military Research
  • Operations Research
  • Optimization
  • Sequences
  • Simplex Method
  • Theorems

Fields of Study

  • Economics

Readers

  • Approximation Theory.
  • Game Theory.
  • International Relations and European Studies