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A Study on Genetic Algorithm for Computable General Equilibrium Model

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L. Tong
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The earlier Scarf and Newton Algorithm for CGE and typical algorithm in current model solution software tools as GAMS and GEMPACK are discussed, with strong and weak points.

Abstract

In this paper, the earlier Scarf and Newton Algorithm for CGE adn typical algorithm in current model solution software tools as GAMS and GEMPACK are discussed. The strong and weak points of these algorithms as indicated separately. Also, A simulation case study based on evolutionary theoretical system and competitively solving approach has been given at the end of the paper.