Computing equilibria of GEI by relocalization on a Grassmann manifold

@inproceedings{Demarzo2003ComputingEO,
  title={Computing equilibria of GEI by relocalization on a Grassmann manifold},
  author={Perer M. Demarzo and B. Curtis Eaves},
  year={2003}
}
An algorithm is described to compute equilibria of the general economic model with incomplete asset markets, that is, of GEl. The algorithm is based on the existence of a route of zeros of a homotopy whose domain includes the price simplex and a Grassmann Manifold. This route is followed, in effect, by localizing arid following diffeomorphic pieces in Euclidean space, and by relocalizing as is necessary. JEL classification: C68; C63 

From This Paper

Figures, tables, and topics from this paper.
8 Citations
17 References
Similar Papers

References

Publications referenced by this paper.
Showing 1-10 of 17 references

Solving systems of simultaneous equations in economics

  • J. Geanakoplos, W. Shafer
  • Journal of Mathematical Economics
  • 1990
Highly Influential
2 Excerpts

Differential topology (Springer-Verlag, New York)

  • M. W. J. Hirsch
  • 1976
Highly Influential
3 Excerpts

Computation of economic equilibria (Yale

  • Scarf, H. E. d T. Hansen
  • 1973
Highly Influential
1 Excerpt

On a new method of numerically integrating a system of nonlinear equations

  • D. Davidenko
  • Doklady Akademie Nauk SSSR
  • 1953
Highly Influential
3 Excerpts

Computing equilibria in the GEl model

  • D. Davidenko
  • Econometrica
  • 1996

Lasry and M.J.P

  • S. Y. Husseini, J.M
  • Journal of Mathematical Economics
  • 1990

Similar Papers

Loading similar papers…