Complementarity, Equilibrium, Efficiency and Economics
Author | : G. Isac |
Publisher | : Springer Science & Business Media |
Total Pages | : 480 |
Release | : 2002-06-30 |
ISBN-10 | : 1402006888 |
ISBN-13 | : 9781402006883 |
Rating | : 4/5 (883 Downloads) |
Download or read book Complementarity, Equilibrium, Efficiency and Economics written by G. Isac and published by Springer Science & Business Media. This book was released on 2002-06-30 with total page 480 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.