COMPUTATIONAL SOCIAL SCIENCE RESEARCH COLLOQUIUM /COLLOQUIUM IN COMPUTATIONAL AND DATA SCIENCES – Nonparametric Estimation of General Equilibrium Price Vectors – John Schuler
Computational Social Science Research Colloquium /
Colloquium in Computational and Data Sciences
Economics PhD Student, George Mason University
Nonparametric Estimation of General Equilibrium Price Vectors
Friday, February 08, 3:00 p.m.
Center for Social Complexity Suite, 3rd Floor Research Hall
All are welcome to attend.
Agent-based economic modeling often requires the determination of an initial equilibrium price vector. Calculating this directly requires algorithms of exponential computational complexity. It is known that a partial equilibrium price can be estimated using a median of trades. This paper explores the possibility of a multivariate generalization of this technique using depth functions as well as alternative methods.