Work

Solution of oligopoly market equilibrium problem using modified newton method

Year: 2022

Type: preprint

Abstract: The paper aims to find the solution of oligopoly market equilibrium problem through system of nonlinear equations. We propose modified newton method to obtain the solution of system of nonlinear equations. We show that our proposed method has higher order of convergence. Keywords: System of nonlinear equations, modified newton method, oligopolistic market equilibrium problem.

Source: arXiv (Cornell University)

DOI: 10.48550/arxiv.2209.07966

Authors: Dutta, A., Das, A. K.

Institutions: Jadavpur University, Indian Statistical Institute

Language: English

Topic: Iterative Methods for Nonlinear Equations

Subfield: Numerical Analysis

Field: Mathematics

Domain: Physical Sciences

Open Access status: green

OpenAlex ID: W4296412965

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