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  • Search: subject:"Learning Competitive Equilibrium"
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Allocative Efficiency 1 Learning Competitive Equilibrium 1 Minimal Rationality 1 Scarfs' Example 1
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Free 1
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Book / Working Paper 1
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Crockett, Sean 1 Spear, Stephen 1 Sunder, Shyam 1
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School of Management, Yale University 1
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Yale School of Management Working Papers 1
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A Simple Decentralized Institution for Learning Competitive Equilibrium
Crockett, Sean; Sunder, Shyam; Spear, Stephen - School of Management, Yale University - 2002
The epsilon-intelligent competitive equilibrium algorithm is a decentralized alternative to Walrus' tatonnement procedure for markets to arrive at competitive equilibrium. We build on the Gode-Spear-Sunder zero-intelligent algorithm in which random generation of bids and offers from agents'...
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