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    Author(s): D.J. Brooks; J. Kincaid
    Date: 1987
    Source: Gen. Tech. Rep. PNW-GTR-204. Portland, OR: U.S. Department of Agriculture, Forest Service, Pacific Northwest Research Station. 37 p
    Publication Series: General Technical Report (GTR)
    Station: Pacific Northwest Research Station
    PDF: View PDF  (2.93 MB)

    Description

    The problem of determining equilibrium prices and quantities in spatially separated markets is reviewed. Algorithms that compute spatial equilibria are discussed. A computer program using the reactive programming algorithm for solving spatial equilibrium problems that involve multiple commodities is presented, along with detailed documentation. A sample data set, program output, and a partial program listing are also provided.

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    • This article was written and prepared by U.S. Government employees on official time, and is therefore in the public domain.

    Citation

    Brooks, D.J.; Kincaid, J. 1987. REACTT: an algorithm for solving spatial equilibrium problems. Gen. Tech. Rep. PNW-GTR-204. Portland, OR: U.S. Department of Agriculture, Forest Service, Pacific Northwest Research Station. 37 p

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    Keywords

    Computer programs/programing, models, supply/demand (forest products)

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