Optimization and Systems Theory Seminar

February 3, at 11.00, room 3721, Lindstedtsvägen 25, KTH:
Sjur D. Flåm, Department of Economics, Bergen, Norway.

Gradient methods and bilateral barters

Abstract: Can direct two-sided deals lead to economic equilibrium, alias core solutions? This paper provides positive solutions in terms of trade being driven by gradient differences.

Calendar of seminars Last update: February 2, 2012.