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A Method for Finding the Maximal Set in Excess Demand

Andersson, Tommy LU ; Erlanson, Albin LU ; Gudmundsson, Jens LU ; Habis, Helga LU ; Ingebretsen Carlson, Jim LU and Kratz, Jörgen LU (2014) In Working Paper / Department of Economics, School of Economics and Management, Lund University 9.
Abstract
We present a polynomial time method for identifying the maximal set in excess demand at a given payoff vector. This set can be used in "large" partnership formation problems to identify the minimum element in the set of individually rational payoff vectors at which there is no overdemanded set of agents. This minimum element corresponds to the minimum Walrasian equilibrium price vector in a special case of the partnership formation problem.
Please use this url to cite or link to this publication:
author
; ; ; ; and
organization
publishing date
type
Working paper/Preprint
publication status
published
subject
keywords
Partnership formation, polynomial time method, excess demand
in
Working Paper / Department of Economics, School of Economics and Management, Lund University
volume
9
pages
7 pages
publisher
Department of Economics, Lund University
external identifiers
  • scopus:84906674242
language
English
LU publication?
yes
id
3459e1bb-2a38-42de-ac70-7c807a150c99 (old id 4392990)
alternative location
http://swopec.hhs.se/lunewp/abs/lunewp2014_009.htm
date added to LUP
2016-04-04 10:15:23
date last changed
2022-01-29 19:59:10
@misc{3459e1bb-2a38-42de-ac70-7c807a150c99,
  abstract     = {{We present a polynomial time method for identifying the maximal set in excess demand at a given payoff vector. This set can be used in "large" partnership formation problems to identify the minimum element in the set of individually rational payoff vectors at which there is no overdemanded set of agents. This minimum element corresponds to the minimum Walrasian equilibrium price vector in a special case of the partnership formation problem.}},
  author       = {{Andersson, Tommy and Erlanson, Albin and Gudmundsson, Jens and Habis, Helga and Ingebretsen Carlson, Jim and Kratz, Jörgen}},
  keywords     = {{Partnership formation; polynomial time method; excess demand}},
  language     = {{eng}},
  note         = {{Working Paper}},
  publisher    = {{Department of Economics, Lund University}},
  series       = {{Working Paper / Department of Economics, School of Economics and Management, Lund University}},
  title        = {{A Method for Finding the Maximal Set in Excess Demand}},
  url          = {{http://swopec.hhs.se/lunewp/abs/lunewp2014_009.htm}},
  volume       = {{9}},
  year         = {{2014}},
}