Existence of Equilibrium and Price Adjustments in a Finance Economy with Incomplete Markets

A.J.J. Talman, J.J.J. Thijssen

Research output: Working paperDiscussion paperOther research output

277 Downloads (Pure)

Abstract

In this paper, several problem reduction techniques are discussed that can be used to reduce the solution time of set partitioning problems. These techniques can be applied in any solution algorithm for set partitioning problems. Besides a short review of the existing literature on preprocessing set partitioning problems, we also present several new techniques. The value of these techniques is illustrated by various computational experiments.
Original languageEnglish
Place of PublicationTilburg
PublisherMicroeconomics
Number of pages21
Volume2003-79
Publication statusPublished - 2003

Publication series

NameCentER Discussion Paper
Volume2003-79

Keywords

  • general equilibrium
  • incomplete markets
  • prices
  • financial markets

Fingerprint Dive into the research topics of 'Existence of Equilibrium and Price Adjustments in a Finance Economy with Incomplete Markets'. Together they form a unique fingerprint.

  • Cite this

    Talman, A. J. J., & Thijssen, J. J. J. (2003). Existence of Equilibrium and Price Adjustments in a Finance Economy with Incomplete Markets. (CentER Discussion Paper; Vol. 2003-79). Microeconomics.