SFB 303 Discussion Paper No. A - 391
Author: Evstigneev, Igor, and M. Taksar
Title: Stochastic Equilibria on Graphs,I
Abstract: We consider a stochastic model of economic equilibrium which takes into
account the structure of commodity flows in the economic system. These flows
are described in terms of a directed graph. The model is based on the theory
of random fields on directed graphs. We examine the sensitivity of equilibria
with respect to changes in the data of the model. The main results are
quantitative estimates for the variations of equilibrium prices under changes
in model characteristics.
Creation-Date: December 1992
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