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Cambridge University Press Economic Foundations of Symmetric Programming

Name: Economic Foundations of Symmetric Programming
Brand: Cambridge University Press
Price: 26.11 GBP
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Econometrics

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Description

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.

Product Specifications

Brand: Cambridge University Press
Format: paperback
ASIN: 052112302X
Category: Books > Subjects > Business, Finance & Law > Economics > Econometrics
Domain: Amazon UK
Release Date: 20 January 2011
Listed Since: 13 April 2010

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Cambridge University Press Economic Foundations of Symmetric Programming

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