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