Market Equilibrium via a Primal-Dual-Type Algorithm

  • Authors:
  • Nikhil R. Devanur;Christos H. Papadimitriou;Amin Saberi;Vijay V. Vazirani

  • Affiliations:
  • -;-;-;-

  • Venue:
  • FOCS '02 Proceedings of the 43rd Symposium on Foundations of Computer Science
  • Year:
  • 2002

Quantified Score

Hi-index 0.01

Visualization

Abstract

Although the study of market equilibria has occupied center stage within Mathematical Economics for over a century, polynomial time algorithms for such questions have so far evaded researchers. We provide the first such algorithm for the linear version of a problem defined by Irving Fisher in 1891. Our algorithm is modeled after Kuhn's primal-dual algorithm for bipartite matching.