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Activity Number:
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463
- SPEED: Methodological Advances in Time Series: BandE Speed Session, Part 1
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Type:
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Contributed
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Date/Time:
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Wednesday, July 31, 2019 : 8:30 AM to 10:20 AM
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Sponsor:
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Business and Economic Statistics Section
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Abstract #305101
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Presentation
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Title:
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Nonparametric Estimation of a General Equilibria
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Author(s):
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John Schuler*
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Companies:
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Keywords:
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Economics;
Equilibrium;
Complexity
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Abstract:
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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 but this is not an estimator in the statistical sense. This paper explores the possibility of a multivariate generalization of this technique using depth functions as well as alternative methods.
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Authors who are presenting talks have a * after their name.
