Optimal Transport Methods in Economics / Alfred Galichon.

Format:

Book

Author/Creator:

Galichon, Alfred, author.

Language:

English

Subjects (All):

Transportation problems (Programming).

Economics--Mathematical models.

Economics.

Physical Description:

1 online resource (185 pages)

Place of Publication:

Princeton, NJ : Princeton University Press, [2016]

Language Note:

In English.

Summary:

Optimal Transport Methods in Economics is the first textbook on the subject written especially for students and researchers in economics. Optimal transport theory is used widely to solve problems in mathematics and some areas of the sciences, but it can also be used to understand a range of problems in applied economics, such as the matching between job seekers and jobs, the determinants of real estate prices, and the formation of matrimonial unions. This is the first text to develop clear applications of optimal transport to economic modeling, statistics, and econometrics. It covers the basic results of the theory as well as their relations to linear programming, network flow problems, convex analysis, and computational geometry. Emphasizing computational methods, it also includes programming examples that provide details on implementation. Applications include discrete choice models, models of differential demand, and quantile-based statistical estimation methods, as well as asset pricing models.Authoritative and accessible, Optimal Transport Methods in Economics also features numerous exercises throughout that help you develop your mathematical agility, deepen your computational skills, and strengthen your economic intuition.The first introduction to the subject written especially for economistsIncludes programming examplesFeatures numerous exercises throughoutIdeal for students and researchers alike

Contents:

Frontmatter

Contents

Preface

1. Introduction

2. Monge-Kantorovich Theory

3. The Discrete Optimal Assignment Problem

4. One-Dimensional Case

5. Power Diagrams

6. Quadratic Surplus

7. More General Surplus

8. Transportation on Networks

9. Some Applications

10. Conclusion

Appendix A. Solutions to the Exercises

Appendix B. Linear Programming

Appendix C. Quantiles and Copulas

Appendix D. Basics of Convex Analysis

Appendix E. McFadden's Generalized Extreme Value Theory

References

Index

Notes:

Previously issued in print: 2016.

Includes bibliographical references and index.

Description based on online resource; title from PDF title page (publisher's Web site, viewed 23. Mai 2019)

ISBN:

9781400883592

1400883598

OCLC:

1004872050