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Diskretnyi Analiz i Issledovanie Operatsii, 2010, Volume 17, Issue 1, Pages 75–96
(Mi da601)
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This article is cited in 2 scientific papers (total in 2 papers)
Linear-fractional exchange model. Part 1: Existence and characterization of equilibrium
V. I. Shmyrevab a S. L. Sobolev Institute of Mathematics, SB RAS, Novosibirsk, Russia
b Novosibirsk State University, Novosibirsk, Russia
Abstract:
In this paper we consider an exchange model with linear-fractional utility functions of consumers. Existence of equilibria are studied. We adduce existence conditions for the free disposal and strong equilibrium. For the fixed budget exchange model a reduction of the initial problem to the polyhedral complementarity one is obtained. Bibl. 18.
Keywords:
linear-fractional function, exchange model, economic equilibrium, price vector, polyhedral complementarity.
Received: 07.04.2009 Revised: 21.12.2009
Citation:
V. I. Shmyrev, “Linear-fractional exchange model. Part 1: Existence and characterization of equilibrium”, Diskretn. Anal. Issled. Oper., 17:1 (2010), 75–96
Linking options:
https://www.mathnet.ru/eng/da601 https://www.mathnet.ru/eng/da/v17/i1/p75
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