SFB 303 Discussion Paper No. A - 391

Author: Evstigneev, Igor, and M. Taksar
Title: Stochastic Equilibria on Graphs,I
Abstract: We consider a stochastic model of economic equilibrium which takes into account the structure of commodity flows in the economic system. These flows are described in terms of a directed graph. The model is based on the theory of random fields on directed graphs. We examine the sensitivity of equilibria with respect to changes in the data of the model. The main results are quantitative estimates for the variations of equilibrium prices under changes in model characteristics.
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Creation-Date: December 1992
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