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 ...

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

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 ...