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DOI: 10.4230/LIPIcs.ESA.2018.18
URN: urn:nbn:de:0030-drops-94812
URL: https://drops.dagstuhl.de/opus/volltexte/2018/9481/
Cheung, Yun Kuen ; Cole, Richard
Amortized Analysis of Asynchronous Price Dynamics
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Abstract
We extend a recently developed framework for analyzing asynchronous coordinate descent algorithms to show that an asynchronous version of tatonnement, a fundamental price dynamic widely studied in general equilibrium theory, converges toward a market equilibrium for Fisher markets with CES utilities or Leontief utilities, for which tatonnement is equivalent to coordinate descent.
BibTeX - Entry
@InProceedings{cheung_et_al:LIPIcs:2018:9481,
author = {Yun Kuen Cheung and Richard Cole},
title = {{Amortized Analysis of Asynchronous Price Dynamics}},
booktitle = {26th Annual European Symposium on Algorithms (ESA 2018)},
pages = {18:1--18:15},
series = {Leibniz International Proceedings in Informatics (LIPIcs)},
ISBN = {978-3-95977-081-1},
ISSN = {1868-8969},
year = {2018},
volume = {112},
editor = {Yossi Azar and Hannah Bast and Grzegorz Herman},
publisher = {Schloss Dagstuhl--Leibniz-Zentrum fuer Informatik},
address = {Dagstuhl, Germany},
URL = {http://drops.dagstuhl.de/opus/volltexte/2018/9481},
URN = {urn:nbn:de:0030-drops-94812},
doi = {10.4230/LIPIcs.ESA.2018.18},
annote = {Keywords: Asynchronous Tatonnement, Fisher Market, Market Equilibrium, Amortized Analysis}
}
| Keywords: | Asynchronous Tatonnement, Fisher Market, Market Equilibrium, Amortized Analysis | |
| Seminar: | 26th Annual European Symposium on Algorithms (ESA 2018) | |
| Issue date: | 2018 | |
| Date of publication: | 14.08.2018 |
