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Network Economics: A Variational Inequality Approach
Computational economics has been at the forefront in stimulating the development of mathematical methodologies for the analysis and solution of complex, large-scale problems. The past decade, in particular, has witnessed a dramatic growth of interest in this area. Supported by the increasing avail­ ability of data and advances in computer architectures, the scale and scope of problems that can now be handled are unveiling new horizons in both theoretical modeling and policy analysis. Accompanying the activity in computational economics is a need for the unification, documentation, and presentation of fundamental methodologies for use by both researchers and practitioners. This volume aims to make a contribution in this direction. The focus of this book is on network economics. Physical networks are pervasive in today's society, be they in the form of transportation networks, telecommunication networks, energy pipelines, electric power networks, etc. Mathematical networks, on the other hand, may be used to represent not only physical networks but also interactions among economic agents. In many applications, the network representation of an economic equilibrium problem may be abstract in that the nodes of the network need not corre­ spond to locations in space and the links of the network to trade or travel routes.
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Network Economics: A Variational Inequality Approach
Computational economics has been at the forefront in stimulating the development of mathematical methodologies for the analysis and solution of complex, large-scale problems. The past decade, in particular, has witnessed a dramatic growth of interest in this area. Supported by the increasing avail­ ability of data and advances in computer architectures, the scale and scope of problems that can now be handled are unveiling new horizons in both theoretical modeling and policy analysis. Accompanying the activity in computational economics is a need for the unification, documentation, and presentation of fundamental methodologies for use by both researchers and practitioners. This volume aims to make a contribution in this direction. The focus of this book is on network economics. Physical networks are pervasive in today's society, be they in the form of transportation networks, telecommunication networks, energy pipelines, electric power networks, etc. Mathematical networks, on the other hand, may be used to represent not only physical networks but also interactions among economic agents. In many applications, the network representation of an economic equilibrium problem may be abstract in that the nodes of the network need not corre­ spond to locations in space and the links of the network to trade or travel routes.
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Network Economics: A Variational Inequality Approach

Network Economics: A Variational Inequality Approach

by David Ben-Arieh
Network Economics: A Variational Inequality Approach

Network Economics: A Variational Inequality Approach

by David Ben-Arieh

Overview

Computational economics has been at the forefront in stimulating the development of mathematical methodologies for the analysis and solution of complex, large-scale problems. The past decade, in particular, has witnessed a dramatic growth of interest in this area. Supported by the increasing avail­ ability of data and advances in computer architectures, the scale and scope of problems that can now be handled are unveiling new horizons in both theoretical modeling and policy analysis. Accompanying the activity in computational economics is a need for the unification, documentation, and presentation of fundamental methodologies for use by both researchers and practitioners. This volume aims to make a contribution in this direction. The focus of this book is on network economics. Physical networks are pervasive in today's society, be they in the form of transportation networks, telecommunication networks, energy pipelines, electric power networks, etc. Mathematical networks, on the other hand, may be used to represent not only physical networks but also interactions among economic agents. In many applications, the network representation of an economic equilibrium problem may be abstract in that the nodes of the network need not corre­ spond to locations in space and the links of the network to trade or travel routes.

Product Details

ISBN-13: 9789401049641
Publisher: Springer Netherlands
Publication date: 12/24/2012
Series: Advances in Computational Economics , #1
Edition description: Softcover reprint of the original 1st ed. 1993
Pages: 326
Product dimensions: 6.30(w) x 9.45(h) x 0.03(d)

Table of Contents

I Theory and Fundamentals.- 1 Variational Inequality Theory.- 2 Algorithms.- II Partial Equilibrium - Perfect Competition.- 3 Spatial Price Equilibrium.- 4 Traffic Network Equilibrium.- 5 Migration Equilibrium.- III Partial Equilibrium - Imperfect Competition.- 6 Oligopolistic Market Equilibrium.- IV General Equilibrium.- 7 Walrasian Price Equilibrium.- 8 Financial Equilibrium.- V Estimation.- 9 Constrained Matrix Problems.
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