Global convergence of the stochastic tâtonnement process

DOI10.1016/S0304-4068(00)00037-9zbMath1013.91094OpenAlexW2171733767MaRDI QIDQ1587386

Vladimir I. Norkin, Michiel A. Keyzer, Yury M. Ermoliev

Publication date: 6 July 2003

Published in: Journal of Mathematical Economics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/s0304-4068(00)00037-9

zbMATH Keywords

stochastic optimizationsimulated annealingpath dependencestochastic tâtonnementWalrasian tâtonnement

Mathematics Subject Classification ID

Stochastic models in economics (91B70) General equilibrium theory (91B50)

Related Items (3)

Market clearing and price formation ⋮ Gradient differences and bilateral barters ⋮ Equilibrium selection in games: the mollifier method

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