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rdf:type
lifeskim:mentions
pubmed:issue
15
pubmed:dateCreated
2001-10-18
pubmed:abstractText
I present a decentralized process for finding the equilibria of an economy characterized by a finite number of linear equilibrium conditions. The process finds all equilibria or, if there are none, reports that, in a finite number of steps at most equal to the number of equations. The communication and computational complexity compare favorably with other decentralized processes. The process may also be interpreted as an algorithm for solving a distributed system of linear equations. Comparisons with the Linpack program for LU (lower and upper triangular decomposition of the matrix of the equation system, a version of Gaussian elimination) are presented.
pubmed:language
eng
pubmed:journal
pubmed:status
PubMed-not-MEDLINE
pubmed:month
Jul
pubmed:issn
0027-8424
pubmed:author
pubmed:issnType
Print
pubmed:day
19
pubmed:volume
91
pubmed:owner
NLM
pubmed:authorsComplete
Y
pubmed:pagination
7169-73
pubmed:dateRevised
2008-11-20
pubmed:year
1994
pubmed:articleTitle
A decentralized process for finding equilibria given by linear equations.
pubmed:affiliation
Center for Mathematical Studies in Economics and Management Science, Northwestern University, Evanston, IL 60208, USA.
pubmed:publicationType
Journal Article