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Decentralized dynamic processes for finding equilibrium

dc.contributor.authorReiter, Stanleyen_US
dc.contributor.authorSimon, Carl P.en_US
dc.date.accessioned2006-04-10T15:16:58Z
dc.date.available2006-04-10T15:16:58Z
dc.date.issued1992-04en_US
dc.identifier.citationReiter, Stanley, Simon, Carl P. (1992/04)."Decentralized dynamic processes for finding equilibrium." Journal of Economic Theory 56(2): 400-425. <http://hdl.handle.net/2027.42/30135>en_US
dc.identifier.urihttp://www.sciencedirect.com/science/article/B6WJ3-4CYGG0G-1P2/2/1d438923961fa51c1067b7b86e53a8c6en_US
dc.identifier.urihttps://hdl.handle.net/2027.42/30135
dc.description.abstractThis paper describes a class of decentralized dynamic processes designed to converge to equilibrium when the equilibrium equations are linear. These processes can also be viewed as distributed algorithms for solving systems of linear equations, or as learning algorithms. The class includes processes that use a message space larger by one binary digit than the space in which the equilibrium exists. However, memory and time requirements increase exponentially with the number of agents (equations).en_US
dc.format.extent1609490 bytes
dc.format.extent3118 bytes
dc.format.mimetypeapplication/pdf
dc.format.mimetypetext/plain
dc.language.isoen_US
dc.publisherElsevieren_US
dc.titleDecentralized dynamic processes for finding equilibriumen_US
dc.typeArticleen_US
dc.rights.robotsIndexNoFollowen_US
dc.subject.hlbsecondlevelEconomicsen_US
dc.subject.hlbtoplevelBusinessen_US
dc.description.peerreviewedPeer Revieweden_US
dc.contributor.affiliationumDepartments of Mathematics, Economics, and Public Policy, The University of Michigan, Ann Arbor, Michigan 48109, USAen_US
dc.contributor.affiliationotherCenter for Mathematical Studies in Economics and Management Science, Northwestern University, Evanston, Illinois 60208, USAen_US
dc.description.bitstreamurlhttp://deepblue.lib.umich.edu/bitstream/2027.42/30135/1/0000512.pdfen_US
dc.identifier.doihttp://dx.doi.org/10.1016/0022-0531(92)90089-Zen_US
dc.identifier.sourceJournal of Economic Theoryen_US
dc.owningcollnameInterdisciplinary and Peer-Reviewed


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