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Complementarity, Equilibrium, Efficiency and Economics

Complementarity, Equilibrium, Efficiency and Economics

Hardcover

Series: Nonconvex Optimization and Its Applications, Book 63

EconomicsGeneral Mathematics

ISBN10: 1402006888
ISBN13: 9781402006883
Publisher: Springer Nature
Published: Jun 30 2002
Pages: 449
Weight: 1.85
Height: 1.06 Width: 6.14 Depth: 9.21
Language: English
In complementarity theory, which is a relatively new domain of applied mathematics, several kinds of mathematical models and problems related to the study of equilibrium are considered from the point of view of physics as well as economics. In this book the authors have combined complementarity theory, equilibrium of economical systems, and efficiency in Pareto's sense. The authors discuss the use of complementarity theory in the study of equilibrium of economic systems and present results they have obtained. In addition the authors present several new results in complementarity theory and several numerical methods for solving complementarity problems associated with the study of economic equilibrium. The most important notions of Pareto efficiency are also presented.

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