Economic Foundations of Symmetric Programming - Quirino Paris

Economic Foundations of Symmetric Programming

(Autor)

Buch | Softcover
568 Seiten
2010
Cambridge University Press (Verlag)
978-0-521-12302-0 (ISBN)
52,35 inkl. MwSt
Ideal for graduate students who have already taken a graduate course in microeconomic theory, this book revisits the same topics (such as price taking and monopoly) but makes them operational with a mathematical programming approach that extends their discussion to multi-input and multi-output scenarios.
The search for symmetry is part of the fundamental scientific paradigm in mathematics and physics. Can this be valid also for economics? This book represents an attempt to explore this possibility. The behavior of price-taking producers, monopolists, monopsonists, sectoral market equilibria, behavior under risk and uncertainty, and two-person zero- and non-zero-sum games are analyzed and discussed under the unifying structure called the linear complementarity problem. Furthermore, the equilibrium problem allows for the relaxation of often-stated but unnecessary assumptions. This unifying approach offers the advantage of a better understanding of the structure of economic models. It also introduces the simplest and most elegant algorithm for solving a wide class of problems.

Quirino Paris is Professor of Agricultural and Resource Economics at the University of California, Davis, where he has taught since 1969. He received his Ph.D. from the University of California, Berkeley, in 1966 and then served on the university staff of the Advanced Training Center for Economic Research at the University of Naples, Italy. Professor Paris's research has concentrated on investigations of producer and consumer behavior, of which the present text is the most recent example. He is the author of more than 100 journal articles in economics and research methodology and of the textbook An Economic Interpretation of Linear Programming (1991). Professor Paris is also a Fellow of the European Association of Agricultural Economists. He has served as a visiting professor at universities around the world.

1. Introduction; 2. Lagrangean theory; 3. Karush–Kuhn–Tucker theory; 4. Solving systems of linear equations; 5. Asymmetric and symmetric quadratic programming; 6. Linear complementarity problem; 7. The price taker; 8. The monopolist; 9. The monopsonist; 10. Risk programming; 11. Comparative statics and parametric programming; 12. General market equilibrium; 13. Two-person zero- and non-zero-sum games; 14. Positive mathematical programming; 15. Multiple optimal solutions; 16. Lemke complementary pivot algorithm - user manual; 17. Lemke Fortran 77 program.

Erscheint lt. Verlag 1.11.2010
Zusatzinfo 27 Tables, unspecified; 33 Line drawings, unspecified
Verlagsort Cambridge
Sprache englisch
Maße 153 x 229 mm
Gewicht 760 g
Themenwelt Wirtschaft Volkswirtschaftslehre Mikroökonomie
Wirtschaft Volkswirtschaftslehre Ökonometrie
ISBN-10 0-521-12302-X / 052112302X
ISBN-13 978-0-521-12302-0 / 9780521123020
Zustand Neuware
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