Economic foundations of symmetric programming:

The search for symmetry is part of the fundamental scientific paradigm in mathematics and physics. Can this be valid also for economics? This book represents an attempt to explore this possibility. The behavior of price-taking producers, monopolists, monopsonists, sectoral market equilibria, behavio...

Full description

Saved in:
Bibliographic Details
Main Author: Paris, Quirino 1934- (Author)
Format: Electronic eBook
Language:English
Published: Cambridge Cambridge University Press 2011
Subjects:
Online Access:BSB01
FHN01
UBG01
Volltext
Summary:The search for symmetry is part of the fundamental scientific paradigm in mathematics and physics. Can this be valid also for economics? This book represents an attempt to explore this possibility. The behavior of price-taking producers, monopolists, monopsonists, sectoral market equilibria, behavior under risk and uncertainty, and two-person zero- and non-zero-sum games are analyzed and discussed under the unifying structure called the linear complementarity problem. Furthermore, the equilibrium problem allows for the relaxation of often-stated but unnecessary assumptions. This unifying approach offers the advantage of a better understanding of the structure of economic models. It also introduces the simplest and most elegant algorithm for solving a wide class of problems
Item Description:Title from publisher's bibliographic system (viewed on 05 Oct 2015)
Physical Description:1 Online Resource (xviii, 550 S.)
ISBN:9780511761782
DOI:10.1017/CBO9780511761782

There is no print copy available.

Interlibrary loan Place Request Caution: Not in THWS collection! Get full text