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Books > Business & Economics > Business & management > Management & management techniques > Operational research
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Network Economics: A Variational Inequality Approach (Paperback, Softcover reprint of the original 1st ed. 1993)
Loot Price: R1,518
Discovery Miles 15 180
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Network Economics: A Variational Inequality Approach (Paperback, Softcover reprint of the original 1st ed. 1993)
Series: Advances in Computational Economics, 1
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Computational economics has been at the forefront in stimulating
the de velopment of mathematical methodologies for the analysis and
solution of complex, large-scale problems. The past decade, in
particular, has witnessed a dramatic growth of interest in this
area. Supported by the increasing avail ability of data and
advances in computer architectures, the scale and scope of problems
that can now be handled are unveiling new horizons in both
theoretical modeling and policy analysis. Accompanying the activity
in computational economics is a need for the unification,
documentation, and presentation of fundamental methodologies for
use by both researchers and practitioners. This volume aims to make
a contribution in this direction. The focus of this book is on
network economics. Physical networks are pervasive in today's
society, be they in the form of transportation networks,
telecommunication networks, energy pipelines, electric power
networks, etc. Mathematical networks, on the other hand, may be
used to represent not only physical networks but also interactions
among economic agents. In many applications, the network
representation of an economic equilibrium problem may be abstract
in that the nodes of the network need not corre spond to locations
in space and the links of the network to trade or travel routes."
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