An Auction-Based Market Equilibrium Algorithm for a Production Model View Full Text


Ontology type: schema:Chapter     


Chapter Info

DATE

2005

AUTHORS

Sanjiv Kapoor , Aranyak Mehta , Vijay Vazirani

ABSTRACT

We present an auction-based algorithm for the computing market equilibrium prices in a production model, in which producers have a single linear production constraint, and consumers have linear utility functions. We provide algorithms for both the Fisher and Arrow-Debreu versions of the problem.

PAGES

102-111

Identifiers

URI

http://scigraph.springernature.com/pub.10.1007/11600930_11

DOI

http://dx.doi.org/10.1007/11600930_11

DIMENSIONS

https://app.dimensions.ai/details/publication/pub.1008998179


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