IØ8806

Introduction Course in Complementarity Models and Equilibrium

Autumn

Trondheim

English

Overview

4 candidates

Pass rate

100%

same

Grade distribution
Pass rate over time

About this course

Content

Introduction Course in Complementarity Models and Equilibrium is an intensive PhD course over 4 days given by Professor Steven A. Gabriel, University of Maryland and NTNU.

Course content includes: Karush-Kuhn-Tucker Conditions and links to Linear Programming (LP) and Nonlinear Programming (NLP) Introduction to Non-Cooperative Games (Two-Person, Zero-Sum, N-Player Nash-Cournot), Introduction to Mixed Complementarity Problems (MCPs), Applications of Mixed Complementarity Problems, Principle of Symmetry Case Study (energy or transportation), modelling session.

Learning outcomes

After having completed the course the candidate should

  • understand deriving of KKT conditions for equilibrium problems and nonlinear models
  • be able to describe and model Nash equilibria for practical problems
  • understand and model Cournot-Nash equilibria
  • model equilibrium models in GAMS and solve them with Path

Teaching methods

There will be in total 25 hours of lectures and a mandatory exercise.