Fisher market equilibrium

GPTKB entity

Statements (28)
Predicate Object
gptkbp:instanceOf gptkb:economic_policy
gptkbp:appliesTo exchange economy
gptkbp:characterizedBy market clearing prices
optimal allocation
gptkbp:describes allocation of goods
gptkbp:formedBy gptkb:Irving_Fisher
gptkbp:hasProperty gptkb:Pareto_efficiency
envy-freeness (under certain conditions)
uniqueness (under certain utility functions)
https://www.w3.org/2000/01/rdf-schema#label Fisher market equilibrium
gptkbp:introducedIn 1891
gptkbp:involves budgets
buyers
goods
prices
utility functions
gptkbp:namedAfter gptkb:Irving_Fisher
gptkbp:relatedTo gptkb:Arrow-Debreu_equilibrium
gptkbp:solvedBy convex programming
gptkbp:studiedIn theoretical computer science
microeconomics
gptkbp:usedFor resource allocation
fair division
gptkbp:usedIn market design
algorithmic game theory
computational economics
gptkbp:bfsParent gptkb:Eisenberg-Gale_convex_program
gptkbp:bfsLayer 7