A Method for Finding the Maximal Set in Excess Demand

Arbeitspapier

We present a polynomial time method for identifying the maximal set in excess demand at a given payoff vector. This set can be used in "large" partnership formation problems to identify the minimum element in the set of individually rational payoff vectors at which there is no overdemanded set of agents. This minimum element corresponds to the minimum Walrasian equilibrium price vector in a special case of the partnership formation problem.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Working Paper ; No. 2014:9

Classification and Topics

• Classification: Wirtschaft ; Optimization Techniques; Programming Models; Dynamic Analysis ; Existence and Stability Conditions of Equilibrium
• Subject: Partnership formation ; polynomial time method ; excess demand

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Andersson, Tommy ; Erlanson, Albin ; Gudmundsson, Jens ; Habis, Helga ; Ingebretsen Carlson, Jim ; Kratz, Jörgen
• Event: Veröffentlichung
• (who): Lund University, School of Economics and Management, Department of Economics
• (where): Lund
• (when): 2014

Further information

• Handle: http://hdl.handle.net/10419/260106
• Last update: 10.03.2025, 11:43 AM CET