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Finding a Feasible Solution for a Simple LP Problem using Agents

de Bruin, Arie; Vredeveld, Tjark; Wagelmans, Albert - 1999

In this paper we will describe a Multi-Agent System which iscapable of finding a feasible solution of a specially structuredlinear programming problem. Emphasis is given to correctnessissues and termination detection.

Persistent link: https://www.econbiz.de/10010324438

Mailing Issues on Climate Change Policies - A Discussion of the GTAP-E Model

Kremers, Hans; Nijkamp, Peter; Wang, Shunli - 2000

After the Kyoto agreements the need has arisen to trace the implications ofvarious international environmentalstrategies. In this paper, we discuss relevant modelling issues ofincorporating important environmental policy measures in one ofthe popular applied general equilibrium models for...

Persistent link: https://www.econbiz.de/10010324439

A Branch and Price Algorithm for the Multi-Period Single-Sourcing Problem

Freling, Richard; Romeijn, H. Edwin; Morales, Dolores Romero - 1999

In this paper we propose a Branch and Price algorithm for solving multi-periodsingle-sourcing problems. In particular, we generalize a Branch and Price algorithm thatwas developed for the Generalized Assignment Problem (GAP) to a class of convexassignment problems. We then identify an important...

Persistent link: https://www.econbiz.de/10010324440

Bertrand Competition under Uncertainty

Janssen, Maarten C.W.; Rasmusen, Eric - 1998

Consider a Bertrand model in which each firm may be inactive with aknown probability, so the number of active firms is uncertain. Thissimple model has a mixed-strategy equilibrium in which industryprofits are positive and decline with the number of firms, the samefeatures which make the Cournot...

Persistent link: https://www.econbiz.de/10010324442

Private Toll Roads: A Dynamic Equilibrium Analysis

Lindsey, Robin; de Palma, André - 1997

roads, anda mixed duopoly with a private road competing with a public toll road. The efficiency gain (measuredby social … capacity, and when a private road does not suffer a significant traveltime disadvantage. Paradoxically, a mixed duopoly can be … less efficient than a private duopoly. Priceleadership by a public toll road operator avoids this possibility, although …

Persistent link: https://www.econbiz.de/10010324444

Competition Policy in an Open Economy

Francois, Joseph F.; Horn, Henrik - 1998

We examine the setting of national competition policy in a two-country setting,emphasizing the relationship of trade to … the goals of competition policy (suchas the degree and nature of competition). The issues we address involve thegeneral … equilibrium distributional effects of competition policy, therelationship of national competition policy to terms-of-trade gains …

Persistent link: https://www.econbiz.de/10010324446

Efficiency in Auctions with Private and Common Values: An Experimental Study

Goeree, Jacob K.; Offerman, Theo - 2000

roughly the same manner as rational bidders, with observed efficiencies close to predicted levels. Increased competition and …

Persistent link: https://www.econbiz.de/10010324447

How important are Institutions for Growth in Transition Countries?

Moers, Luc - 1999

Growth empirics with institutional measures is performed for 25 transition countries overthe period 1990-95. Estimation results suggest that (particularly state) institutions aresignificant for growth and, especially, foreign direct investment (FDI), the latter in turnbeing important for the...

Persistent link: https://www.econbiz.de/10010324449

Perseverance of Perverse Subsidies and their Impact on Trade and the Environment

van Beers, Cees; van den Bergh, Jeroen C.J.M. - 2000

Theoretical and empirical aspects of policy failures due to subsidies are discussed in the context of international trade. A general classification of subsidies that cause environmental externalities is presented. The economic and environmental impacts of producer subsidies on international...

Persistent link: https://www.econbiz.de/10010324451

Cycles and Multiple Equilibria in the Market for Durable Lemons

Janssen, Maarten C.W.; Karamychev, Vladimir - 2000

We investigate the nature of market failure in a dynamic version ofAkerlof (1970) where identicalcohorts of a durable good enter the market over time. In the dynamicmodel, equilibria withqualitatively different properties emerge. Typically, in equilibriaof the dynamic model, sellerswith higher...

Persistent link: https://www.econbiz.de/10010324453