arXiv · 1510.02694
An Improved Combinatorial Polynomial Algorithm for the Linear Arrow-Debreu Market
Abstract
We present an improved combinatorial algorithm for the computation of equilibrium prices in the linear Arrow-Debreu model. For a market with $n$ agents and integral utilities bounded by $U$, the algorithm runs in $O(n^7 \log^3 (nU))$ time. This improves upon the previously best algorithm of Ye by a factor of $\tOmega(n)$. The algorithm refines the algorithm described by Duan and Mehlhorn and improves it by a factor of $\tOmega(n^3)$. The improvement comes from a better understanding of the iterative price adjustment process, the improved balanced flow computation for nondegenerate instances, and a novel perturbation technique for achieving nondegeneracy.
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Rann Duan, Jugal Garg, Kurt Mehlhorn. 2015-10-09. An Improved Combinatorial Polynomial Algorithm for the Linear Arrow-Debreu Market. https://arxiv.org/abs/1510.02694
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