Market Equilibrium via a Primal-Dual-Type Algorithm

We provide the first polynomial time algorithm for the linear version of a market equilibrium model defined by Irving Fisher in 1891, thereby partially answering an open question of [3]. Our algorithm is modeled after Kuhn’s primal-dual algorithm for bipartite matching.

• Type: Conference
• Year: 2002
• Where: FOCS
• Authors: Nikhil R. Devanur, Christos H. Papadimitriou, Amin Saberi, Vijay V. Vazirani
• Keywords: FOCS 2002, Kuhn’s Primal-dual Algorithm, Market Equilibrium Model, Polynomial Time Algorithm, Theoretical Computer Science