On Comparative-Static Analysis in Numerical Nonlinear Economic Models
Many economic models can be formulated as a system of nonlinear equations and solved numerically using a black-box equation solver found in software packages such as EUREKA or MATHEMATICA. Unfortunately, black-box solvers can fail for several reasons and the messages displayed upon termination may not be very informative. In this paper we discuss a Jacobian-based solution method we devised for comparative static analysis of a model of parking in order to cope with computational difficulties encountered with black-box solvers. Our method worked well and should apply to a variety of computational economic (and non-economic) models. Citation Copyright 1995 by Kluwer Academic Publishers.
To our knowledge, this item is not available for
download. To find whether it is available, there are three
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Volume (Year): 8 (1995)
Issue (Month): 2 (May)
|Contact details of provider:|| Web page: http://www.springer.com|
|Order Information:||Web: http://www.springer.com/economics/economic+theory/journal/10614/PS2|
When requesting a correction, please mention this item's handle: RePEc:kap:compec:v:8:y:1995:i:2:p:95-105. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Sonal Shukla)or (Rebekah McClure)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.