Reducing models of general economic equilibrium to optimization problems

Authors
Citation
Vi. Norkin, Reducing models of general economic equilibrium to optimization problems, CYB SYS AN, 35(5), 1999, pp. 743-753
Citations number
18
Categorie Soggetti
AI Robotics and Automatic Control
Journal title
CYBERNETICS AND SYSTEMS ANALYSIS
ISSN journal
10600396 → ACNP
Volume
35
Issue
5
Year of publication
1999
Pages
743 - 753
Database
ISI
SICI code
1060-0396(199909/10)35:5<743:RMOGEE>2.0.ZU;2-O
Abstract
Some particular cases of the model of general economic equilibrium are cons idered. These models are reduced to problems of convex programming under th e assumptions that the utility functions are concave and positive homogeneo us and the production function are concave.