Blar i Department of Informatics på forfatter "Flåm, Sjur Didrik"
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Convexity, convolution and competitive equilibrium
Flåm, Sjur Didrik (Journal article; Peer reviewed, 2023)This paper considers a chief interface between mathematical programming and economics, namely: money-based trade of perfectly divisible and transferable goods. Three important and related features are singled out here: ... -
The Lagrangian, constraint qualifications and economics
Rückmann, Jan-Joachim; Flåm, Sjur Didrik (Journal article; Peer reviewed, 2022)Considering constrained choice, practitioners and theorists frequently invoke a Lagrangian to generate optimality conditions. Regular use of that vehicle requires, however, some constraint qualification. Yet many economists ... -
Market equilibria and money
Flåm, Sjur Didrik (Journal article; Peer reviewed, 2021)By the first welfare theorem, competitive market equilibria belong to the core and hence are Pareto optimal. Letting money be a commodity, this paper turns these two inclusions around. More precisely, by generalizing the ... -
On shared use of renewable stocks
Ekerhovd, Nils-Arne; Flåm, Sjur Didrik; Steinshamn, Stein Ivar (Journal article; Peer reviewed, 2020)Considered here is multi-party exploitation of common property, renewable resources. The parties play various dynamic games differing in degree of cooperation and commitment. Comparisons of steady states clarify issues on ...