The Walras algorithm: A convergent distributed implementation of general equilibrium outcomes

DOI10.1023/A:1008654125853MaRDI QIDQ1273452zbMATH OpenFDO

Authors John Q. Cheng, Michael P. Wellman

Publication date 14 March 1999

Published in Computational Economics (Search for Journal in Brave)

zbMATH Keywords

tatonnementcompetitive equilibriadecentralized algorithmsdistributed implementationgeneral equilibrium stabilityprogressive equilibrationWalras algorithm

Mathematics Subject Classification ID

Parallel numerical computation (65Y05) General equilibrium theory (91B50)

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