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Computing Equilibria of GEI using the Grassmann Manifold and Relocalization
Computing Equilibria of GEI using the Grassmann Manifold and Relocalization
Journal of Mathematical Economics.
1996, Vol. 26, Pages 479-497
An algorithm is described for computing fixed points on a Grassmannian manifold. The method can be applied in the more general setting of solving equations on abstract smooth manifolds into vector bundles. This development is part of a project to compute economic equilibria in the presence of incomplete markets.