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Network Economics - A Variational Inequality Approach (Hardcover, 2nd rev. ed. 1999)
Loot Price: R8,272
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Network Economics - A Variational Inequality Approach (Hardcover, 2nd rev. ed. 1999)
Series: Advances in Computational Economics, 10
Expected to ship within 10 - 15 working days
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The second and revised edition of Network Economics: A Variational
Inequality Approach provides an updated treatment of network
economics through the inclusion of new theoretical results and new
applications, as well as problems for self-study purposes and/or
for use in the classroom. This volume remains true to the first
edition in that it provides a unified treatment of
finite-dimensional variational inequalities, algorithms, and
applications. Physical networks are pervasive in today's society in
the form of transportation networks, telecommunication networks,
energy networks, and financial networks, whereas mathematical
networks provide a mechanism for studying a plethora of economic
equilibrium problems through a common graphic structure. Network
Economics establishes the connections among economic equilibrium
problems through their network structure and demonstrates how the
structure can then be used to address policy interventions, as well
as to construct efficient numerical schemes for the computation of
equilibria. The network framework provides not only a mechanism for
the graphic representation of economic problems and a means for
visualizing their similarities and differences, but, in addition, a
novel theoretical approach. Problems treated include: congested
transportation systems, oligopolistic market equilibrium problems,
problems of human migration, and general financial and economic
equilibrium problems. New applications covered in this second
edition include environmental networks and knowledge networks.
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