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Actually, calculating equilibrium prices of markets is PPAD-hard (similar to NP-hard, but not quite) in general. See for example http://arxiv.org/pdf/0904.0644.
by Hermel 11y ago
Actually, calculating equilibrium prices of markets is PPAD-hard (similar to NP-hard, but not quite) in general. See for example
http://arxiv.org/pdf/0904.0644.pdf http://arxiv.org/pdf/0904.0644.pdf
- Gibbon1 11y agoWhen you ignore externalities....