Matches in DBpedia 2016-04 for { ?s ?p "In mathematical economics, applied general equilibrium (AGE) models were pioneered by Herbert Scarf at Yale University in 1967, in two papers, and a follow-up book with Terje Hansen in 1973, with the aim of empirically estimating the Arrow–Debreu model of general equilibrium theory with empirical data, to provide \"“a general method for the explicit numerical solution of the neoclassical model”(Scarf with Hansen 1973: 1)Scarf's method iterated a sequence of simplicial subdivisions which would generate a decreasing sequence of simplices around any solution of the general equilibrium problem. "@en }
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- Applied_general_equilibrium comment "In mathematical economics, applied general equilibrium (AGE) models were pioneered by Herbert Scarf at Yale University in 1967, in two papers, and a follow-up book with Terje Hansen in 1973, with the aim of empirically estimating the Arrow–Debreu model of general equilibrium theory with empirical data, to provide \"“a general method for the explicit numerical solution of the neoclassical model”(Scarf with Hansen 1973: 1)Scarf's method iterated a sequence of simplicial subdivisions which would generate a decreasing sequence of simplices around any solution of the general equilibrium problem. ".