Accession Number:

ADA031065

Title:

An Algorithm for a Piecewise Linear Model of Trade and Production with Negative Prices and Bankruptcy.

Descriptive Note:

Technical rept.,

Corporate Author:

STANFORD UNIV CALIF DEPT OF OPERATIONS RESEARCH

Personal Author(s):

Report Date:

1976-08-01

Pagination or Media Count:

44.0

Abstract:

An algorithm for a piecewise linear model of trade and production with negative prices and bankruptcy is described. The algorithm uses complementary pivoting to adjust the utility weights as in welfare economics and generates an approximate equilibrium or demonstrates that the traders are not resource related. Author

Subject Categories:

  • Economics and Cost Analysis
  • Operations Research

Distribution Statement:

APPROVED FOR PUBLIC RELEASE