Prices
can often guide decentralized resource allocation effectively even in environments with nonconvexities or where exact computations of optimal allocations are intractably hard The new approaches involving collaboration between economists and computer scientists are not just about approximate optimization but also about creating price signals to guide investments in resources for the future
Embed this Presentation
Available Downloads
Download Notice
Download Presentation The PPT/PDF document "Prices" is the property of its rightful owner. Permission is granted to download and print the materials on this website for personal, non-commercial use only, and to display it on your personal computer provided you do not modify the materials and that you retain all copyright notices contained in the materials. By downloading content from our website, you accept the terms of this agreement.