Contact Info
Combinatorics & Optimization
University of Waterloo
Waterloo, Ontario
Canada N2L 3G1
Phone: 519-888-4567, ext 33038
PDF files require Adobe Acrobat Reader.
Speaker: | Vijay Vazirani |
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Affiliation: | Georgia Tech |
Room: | Mathematics and Computer Building (MC) 5158 |
Complementary pivot algorithms, in the style of the simplex algorithm, tend to work well in practice despite having an exponential worst case behavior -- a case in point being the classic Lemke-Howson algorithm (1964) for 2-player Nash equilibrium. This algorithm also gives a direct proof of membership of the problem in the class PPAD and yields deep structural insights, such as oddness of the number of equilibria.
Our first result accomplishes all of the above for the problem of finding an equilibrium for an Arrow-Debreu market under separable, piecewise linear concave utilities. Our second result extends this to markets with production.
Based on the following paper, and a recent joint work with Jugal Garg and Ruta Mehta: A complementary pivot algorithm for market equilibrium under separable, piecewise-linear concave utilities (PDF).
Combinatorics & Optimization
University of Waterloo
Waterloo, Ontario
Canada N2L 3G1
Phone: 519-888-4567, ext 33038
PDF files require Adobe Acrobat Reader.
The University of Waterloo acknowledges that much of our work takes place on the traditional territory of the Neutral, Anishinaabeg and Haudenosaunee peoples. Our main campus is situated on the Haldimand Tract, the land granted to the Six Nations that includes six miles on each side of the Grand River. Our active work toward reconciliation takes place across our campuses through research, learning, teaching, and community building, and is co-ordinated within the Office of Indigenous Relations.