Sciweavers

2 search results - page 1 / 1
» Market Equilibrium for CES Exchange Economies: Existence, Mu...
Sort
View
FSTTCS
2005
Springer
13 years 10 months ago
Market Equilibrium for CES Exchange Economies: Existence, Multiplicity, and Computation
Abstract. We consider exchange economies where the traders’ preferences are expressed in terms of the extensively used constant elasticity of substitution (CES) utility functions...
Bruno Codenotti, Benton McCune, Sriram Penumatcha,...
STOC
2007
ACM
169views Algorithms» more  STOC 2007»
14 years 5 months ago
Proportional response dynamics leads to market equilibrium
One of the main reasons of the recent success of peer to peer (P2P) file sharing systems such as BitTorrent is its built-in tit-for-tat mechanism. In this paper, we model the band...
Fang Wu, Li Zhang