Accession Number:

ADA066518

Title:

A Parametric Linear Complementarity Technique for the Computation of Equilibrium Prices in a Single Commodity Spatial Model.

Descriptive Note:

Management science research rept.,

Corporate Author:

CARNEGIE-MELLON UNIV PITTSBURGH PA MANAGEMENT SCIENCES RESEARCH GROUP

Personal Author(s):

Report Date:

1978-12-01

Pagination or Media Count:

45.0

Abstract:

This paper presents a parametric linear complementarity technique for the computation of equilibrium prices in a single commodity spatial model. We first reformulate the model as a linear complementarity problem and then apply the parametric principal pivoting algorithm for its solution. this reformulation leads to the study of an arc-arc weighted adjacency matrix associated with a simple digraph having weights on the nodes. Several basic properties of such a matrix are derived. Using these properties, we show how the parametric principal pivoting algorithm can be greatly simplified in this application. Finally, we report some computational experience. Author

Subject Categories:

  • Economics and Cost Analysis
  • Theoretical Mathematics

Distribution Statement:

APPROVED FOR PUBLIC RELEASE