Following up on the work of Megiddo and Vazirani [10], who determined continuity properties of equilibrium prices and allocations for perhaps the simplest market model, Fisher’s ...
This paper studies the equilibrium property and algorithmic complexity of the exchange market equilibrium problem with concave piece-wise linear functions, which include linear an...
Abstract. Continuity of the mapping from initial endowments and utilities to equilibria is an essential property for a desirable model of an economy – without continuity, small e...