Complementarity, Equilibrium, Efficiency and Economics / Edition 1

Complementarity, Equilibrium, Efficiency and Economics / Edition 1

by G. Isac, V.A. Bulavsky, Vyacheslav V. Kalashnikov
     
 

ISBN-10: 1441952233

ISBN-13: 9781441952233

Pub. Date: 12/06/2010

Publisher: Springer US

In complementarity theory, which is a relatively new domain of applied mathematics, several kinds of mathematical models and problems related to the study of equilibrium are considered from the point of view of physics as well as economics. In this book the authors have combined complementarity theory, equilibrium of economical systems, and efficiency in Pareto's

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Overview

In complementarity theory, which is a relatively new domain of applied mathematics, several kinds of mathematical models and problems related to the study of equilibrium are considered from the point of view of physics as well as economics. In this book the authors have combined complementarity theory, equilibrium of economical systems, and efficiency in Pareto's sense. The authors discuss the use of complementarity theory in the study of equilibrium of economic systems and present results they have obtained. In addition the authors present several new results in complementarity theory and several numerical methods for solving complementarity problems associated with the study of economic equilibrium. The most important notions of Pareto efficiency are also presented.
Audience: Researchers and graduate students interested in complementarity theory, in economics, in optimization, and in applied mathematics.

Product Details

ISBN-13:
9781441952233
Publisher:
Springer US
Publication date:
12/06/2010
Series:
Nonconvex Optimization and Its Applications (closed) Series, #63
Edition description:
Softcover reprint of hardcover 1st ed. 2002
Pages:
449
Product dimensions:
6.30(w) x 9.45(h) x 0.04(d)

Table of Contents

1. Introduction.
2. Optimization Models.
3. General Economic Equilibrium.
4. Models of Oligopoly.
5. Oligopoly with Leaders.
6. Complementarity Problems with Respect to General Cones.
7. Pseudomonotone and Implicit Complementarity Problems.
8. Complementarity Pivot Methods.
9. Scarf Type Algorithms.
10. Newton-Like Methods.
11. Parameterization and Reduction To Nonlinear Equations.
12. Efficiency.
13. Approximative Efficiency.
Index.

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