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    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: 2016-06
    上傳時間: 2018-01-08 11:22:05 (UTC+8)
    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 連結: http://dx.doi.org/10.1007/s10614-015-9504-9
    DOI: 10.1007/s10614-015-9504-9
    顯示於類別:[經濟學系] 期刊論文

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