Computation and Complexity in Economic Behavior and Organization
The model is designed to apply directly to models of economic theory, which typically involve continuous variables and smooth functions, without requiring analysis of approximations. The model permits analysis of the feasibility and complexity of the calculations required of economic agents in order...
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| Format: | Book |
| Language: | Undetermined |
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Cambridge
Cambridge University Press
2002
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| Institutions: | Trung tâm Học liệu Trường Đại học Cần Thơ |
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| Summary: | The model is designed to apply directly to models of economic theory, which typically involve continuous variables and smooth functions, without requiring analysis of approximations. The model permits analysis of the feasibility and complexity of the calculations required of economic agents in order for them to arrive at their decisions. The treatment contains applications of the model to game theory and economics, including comparison of the complexities of different solution concepts in certain bargaining games, and the trade-off between communication and computation in an example of an Edgeworth Box economy. |
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