COMPUTATIONAL SOCIAL SCIENCE RESEARCH COLLOQUIUM /COLLOQUIUM IN COMPUTATIONAL AND DATA SCIENCES – Nonparametric Estimation of General Equilibrium Price Vectors – John Schuler

When:
February 8, 2019 @ 3:00 pm
2019-02-08T15:00:00-05:00
2019-02-08T15:15:00-05:00
Where:
CENTER FOR SOCIAL COMPLEXITY SUITE, 3RD FLOOR, RESEARCH HALL
Cost:
Free
Contact:
Karen Underwood
7039939298

Computational Social Science Research Colloquium /
Colloquium in Computational and Data Sciences

John Schuler
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.

Abstract:

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.