A network equilibrium formulation of market disequilibrium and variational inequalities
作者:
Anna Nagurney,
Lan Zhao,
期刊:
Networks
(WILEY Available online 1991)
卷期:
Volume 21,
issue 1
页码: 109-132
ISSN:0028-3045
年代: 1991
DOI:10.1002/net.3230210108
出版商: Wiley Subscription Services, Inc., A Wiley Company
数据来源: WILEY
摘要:
AbstractIn this article, we consider an asymmetric market disequilibrium model in a spatial setting in the case of rigid prices and/or controls. In this problem, the markets need no longer clear. We show that the disequilibrium problem can be reformulated as an equilibrium problem over an abstract network with special structure. We then propose a network decomposition algorithm for the computation of the solution that exploits the structure and establishes convergence results using the theory of variational inequalities. Our computational results demonstrate the suitability of this approach for large‐scale market problem
点击下载:
PDF
(1159KB)
返 回