A generalized linear exchange model

A generalized linear exchange model

The linear exchange model is studied in which alongside the consumers there are firms minimizing expenses to guarantee some minimal level of the total cost of production. Some finite algorithm for finding an equilibrium is proposed and justified in the case of the fixed budgets of consumers. This al...

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Veröffentlicht in:Journal of applied and industrial mathematics 2008-03, Vol.2 (1), p.125
1. Verfasser: Shmyrev, V I
Format: Artikel
Sprache:eng
Schlagworte:
Algorithms
Alliances
Budgets
Consumers
Equilibrium
Mathematical models
Mathematics
Prices
Production costs
Studies
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Zusammenfassung:The linear exchange model is studied in which alongside the consumers there are firms minimizing expenses to guarantee some minimal level of the total cost of production. Some finite algorithm for finding an equilibrium is proposed and justified in the case of the fixed budgets of consumers. This algorithm develops the original approach of polyhedral complementarity which was proposed by the author for the classical exchange model. [PUBLICATION ABSTRACT]
ISSN:1990-4789
1990-4797
DOI:10.1007/s11754-008-1013-2