We show that the problem of finding an \epsilon-approximate Nash equilibrium af an n*n two-person game can be reduced to the computation of an (\epsilon/n)^2-approximate market equilibrium of a Leontief economy. Together with a recent result of Chen, Deng and Teng, this polynomial reduction implies that the Leontief market exchange ... more >>>
We consider the computational complexity of the market equilibrium
problem by exploring the structural properties of the Leontief
exchange economy. We prove that, for economies guaranteed to have
a market equilibrium, finding one with maximum social welfare or
maximum individual welfare is NP-hard. In addition, we prove that
counting the ...
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