Oxford, UK. The concept of equilibrium is one of the most central ideas in economics. It is one of the core assumptions in the vast majority of economic models, including models used by policymakers ...

The ongoing revolution in artificial intelligence, especially deep learning, is transforming research across many fields, including economics. Its impact is particularly strong in solving equilibrium ...

This paper proposes a path-based algorithm for solving the well-known logit-based stochastic user equilibrium (SUE) problem in transportation planning and management. Based on the gradient projection ...

The Review of Financial Studies, Vol. 25, No. 7 (July 2012), pp. 2225-2256 (32 pages) Nonlinearity is an important consideration in many problems of finance and economics, such as pricing securities ...

Yarilet Perez is an experienced multimedia journalist and fact-checker with a Master of Science in Journalism. She has worked in multiple cities covering breaking news, politics, education, and more.

Equilibrium problems and variational inequalities form a crucial mathematical framework for modelling systems where multiple agents or factors interact under specific constraints. An equilibrium ...

How does one solve the biggest problem in economics? The problem in question is, of course, the biggest and most ambitious project in economic history - the euro. On Tuesday we learnt the identity of ...