The Computation of Fixed Points and Applications

Language: English

Published by Springer, Springer Vieweg Mai 1976, 1976

3540076859 / 9783540076858

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This item is printed on demand - Print on Demand Titel. Neuware -Fixed-point algorithms have diverse applications in economics, optimization, game theory and the numerical solution of boundary-value problems. Since Scarf's pioneering work [56,57] on obtaining approximate fixed points of continuous mappings, a great deal of research has been done in extending the applicability and improving the efficiency of fixed-point methods. Much of this work is available only in research papers, although Scarf's book [58] gives a remarkably clear exposition of the power of fixed-point methods. However, the algorithms described by Scarf have been super~eded by the more sophisticated restart and homotopy techniques of Merrill [~8,~9] and Eaves and Saigal [1~,16]. To understand the more efficient algorithms one must become familiar with the notions of triangulation and simplicial approxi- tion, whereas Scarf stresses the concept of primitive set. These notes are intended to introduce to a wider audience the most recent fixed-point methods and their applications. Our approach is therefore via triangu- tions. For this reason, Scarf is cited less in this manuscript than his contri- tions would otherwise warrant. We have also confined our treatment of applications to the computation of economic equilibria and the solution of optimization problems. Hansen and Koopmans [28] apply fixed-point methods to the computation of an invariant optimal capital stock in an economic growth model. Applications to game theory are discussed in Scarf [56,58], Shapley [59], and Garcia, Lemke and Luethi [24]. Allgower [1] and Jeppson [31] use fixed-point algorithms to find many solutions to boundary-value problems.Springer-Verlag KG, Sachsenplatz 4-6, 1201 Wien 144 pp. Englisch.

Seller Inventory # 9783540076858

Title
The Computation of Fixed Points and Applications
Author
M. J. Todd
Publisher
Springer, Springer Vieweg Mai 1976
Publication year
1976
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 10
3540076859
ISBN 13
9783540076858
Item weight
191 grams
Dimensions
216x140x9 mm

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