Please use this identifier to cite or link to this item:
https://ah.lib.nccu.edu.tw/handle/140.119/115512
題名: | Constructive Proof of the Existence of a Collateral Equilibrium: Notes | 作者: | Ragupathy, Venkatachalam;Velupillai, K. Vela | 貢獻者: | 經濟學系 | 日期: | 六月-2016 | 上傳時間: | 8-一月-2018 | 摘要: | In an interesting article in this journal, Ma (Comput Econ 45:1-30, 2015), claims that a constructive proof of existence of a Collateral Equilibrium (with a Leontief utility function) is provided in the paper. Moreover, there is also the additional claim that `on the basis of this proof, we can (and we shall) develop an algorithm for computing that equilibrium` (ibid, p. 1). Thirdly, the statements that `the algorithm is shown by simulation to be effective`, and its effectiveness is demonstrated by `the accuracy of the equilibrium it provided`. These claims are, from a recursion theoretic (or computability theory) point of view, meaningless. | 關聯: | Computational Economics, June 2016, v. 48, iss. 1, pp. 179-81 | 資料類型: | article | DOI: | http://dx.doi.org/10.1007/s10614-015-9504-9 |
Appears in Collections: | 期刊論文 |
Show full item record
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.