ENGLISH

Complementarity, Equilibrium, Efficiency and Economics

By G. Isac , V. A. Bulavsky , V. V. Kalashnikov (auth.)

Book information

Publisher
Springer US
Year
2002
ISBN
978-1-4419-5223-3, 978-1-4757-3623-6
DOI
10.1007/978-1-4757-3623-6
Language
english
Format
PDF
Filesize
16 MB (17116795 bytes)
Series
Nonconvex Optimization and Its Applications 63
Edition
1
Pages
449\457
Orientation
yes
Scanned
yes
Time added
2013-08-01 04:00:00
EconomicsMathematical Modeling and Industrial Mathematics;Social and Behav. Sciences

Description

In complementarity theory, which is a relatively new domain of applied mathematics, several kinds of mathematical models and problems related to the study of equilibrium are considered from the point of view of physics as well as economics. In this book the authors have combined complementarity theory, equilibrium of economical systems, and efficiency in Pareto's sense. The authors discuss the use of complementarity theory in the study of equilibrium of economic systems and present results they have obtained. In addition the authors present several new results in complementarity theory and several numerical methods for solving complementarity problems associated with the study of economic equilibrium. The most important notions of Pareto efficiency are also presented. Audience: Researchers and graduate students interested in complementarity theory, in economics, in optimization, and in applied mathematics.

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