Computational experience with general equilibrium problems

A. Bachem, W. Hochstättler, B. Steckemetz, A. Volmer
1996 Computational optimization and applications  
We report on computational experience with an implementation of three algorithms for the general economic equilibrium problem. As a result we get that the projection algorithm for variational inequalities increases the size of solvable models by a factor of 5-10 in comparison with the classical homotopy method. As a third approach we implemented a simulated annealing heuristic which might be suitable to estimate equilibria for very large models.
doi:10.1007/bf00247792 fatcat:64dage6idrbpjcqgxh33qdcglm