On the complexity of equilibria in markets with additively separable utilities

X. Chen, Decheng Dai, Ye Du, S. Teng
{"title":"On the complexity of equilibria in markets with additively separable utilities","authors":"X. Chen, Decheng Dai, Ye Du, S. Teng","doi":"10.1145/1807406.1807467","DOIUrl":null,"url":null,"abstract":"We show that the problem of computing an approximate Arrow-Debreu market equilibrium is PPAD-hard, even when all traders use additively separable, piecewise-linear, and concave utility functions. We will also discuss the extension of this result to Fisher's model.","PeriodicalId":142982,"journal":{"name":"Behavioral and Quantitative Game Theory","volume":null,"pages":null},"PeriodicalIF":0.0000,"publicationDate":"2010-05-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"1","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Behavioral and Quantitative Game Theory","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1145/1807406.1807467","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 1

Abstract

We show that the problem of computing an approximate Arrow-Debreu market equilibrium is PPAD-hard, even when all traders use additively separable, piecewise-linear, and concave utility functions. We will also discuss the extension of this result to Fisher's model.
查看原文
分享 分享
微信好友 朋友圈 QQ好友 复制链接
本刊更多论文
效用可加可分市场均衡的复杂性
我们证明了计算近似的Arrow-Debreu市场均衡的问题是PPAD-hard的,即使所有交易者都使用可加可分的、分段线性的和凹效用函数。我们还将讨论这一结果在费雪模型中的推广。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
求助全文
约1分钟内获得全文 去求助
来源期刊
自引率
0.00%
发文量
0
期刊最新文献
Game theory and operations management Cost sharing in distribution problems for franchise operations Subgame-perfection in positive recursive games Rationalizability, adaptive dynamics, and the correspondence principle in games with strategic substitutes Structural estimation of discrete-choice games of incomplete information with multiple equilibria
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
×
提示
您的信息不完整,为了账户安全,请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
现在去查看 取消
×
提示
确定
0
微信
客服QQ
Book学术公众号 扫码关注我们
反馈
×
意见反馈
请填写您的意见或建议
请填写您的手机或邮箱
已复制链接
已复制链接
快去分享给好友吧!
我知道了
×
扫码分享
扫码分享
Book学术官方微信
Book学术文献互助
Book学术文献互助群
群 号:481959085
Book学术
文献互助 智能选刊 最新文献 互助须知 联系我们:info@booksci.cn
Book学术提供免费学术资源搜索服务,方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。
Copyright © 2023 Book学术 All rights reserved.
ghs 京公网安备 11010802042870号 京ICP备2023020795号-1