{"id":"https://openalex.org/W4411946098","doi":"https://doi.org/10.1145/3736252.3742559","title":"Proportional Response Dynamics in Gross Substitutes Markets","display_name":"Proportional Response Dynamics in Gross Substitutes Markets","publication_year":2025,"publication_date":"2025-07-02","ids":{"openalex":"https://openalex.org/W4411946098","doi":"https://doi.org/10.1145/3736252.3742559"},"language":"en","primary_location":{"id":"doi:10.1145/3736252.3742559","is_oa":true,"landing_page_url":"https://doi.org/10.1145/3736252.3742559","pdf_url":"https://dl.acm.org/doi/pdf/10.1145/3736252.3742559","source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Proceedings of the 26th ACM Conference on Economics and Computation","raw_type":"proceedings-article"},"type":"preprint","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"gold","oa_url":"https://dl.acm.org/doi/pdf/10.1145/3736252.3742559","any_repository_has_fulltext":null},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5030045165","display_name":"Yun Kuen Cheung","orcid":"https://orcid.org/0000-0002-9280-0149"},"institutions":[{"id":"https://openalex.org/I118347636","display_name":"Australian National University","ror":"https://ror.org/019wvm592","country_code":"AU","type":"education","lineage":["https://openalex.org/I118347636"]}],"countries":["AU"],"is_corresponding":true,"raw_author_name":"Yun Kuen Cheung","raw_affiliation_strings":["Australian National University, Canberra, Australia"],"raw_orcid":"https://orcid.org/0000-0002-9280-0149","affiliations":[{"raw_affiliation_string":"Australian National University, Canberra, Australia","institution_ids":["https://openalex.org/I118347636"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5042866153","display_name":"Richard Cole","orcid":"https://orcid.org/0000-0002-5885-0222"},"institutions":[{"id":"https://openalex.org/I57206974","display_name":"New York University","ror":"https://ror.org/0190ak572","country_code":"US","type":"education","lineage":["https://openalex.org/I57206974"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Richard Cole","raw_affiliation_strings":["New York University, New York, USA"],"raw_orcid":"https://orcid.org/0000-0002-5885-0222","affiliations":[{"raw_affiliation_string":"New York University, New York, USA","institution_ids":["https://openalex.org/I57206974"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5101714272","display_name":"Yixin Tao","orcid":"https://orcid.org/0000-0002-0573-1369"},"institutions":[{"id":"https://openalex.org/I181679659","display_name":"Shanghai University of Finance and Economics","ror":"https://ror.org/00wtvfq62","country_code":"CN","type":"education","lineage":["https://openalex.org/I181679659"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Yixin Tao","raw_affiliation_strings":["Key Laboratory of Interdisciplinary Research of Computation and Economics, Shanghai University of Finance and Economics, Shanghai, China"],"raw_orcid":"https://orcid.org/0000-0002-0573-1369","affiliations":[{"raw_affiliation_string":"Key Laboratory of Interdisciplinary Research of Computation and Economics, Shanghai University of Finance and Economics, Shanghai, China","institution_ids":["https://openalex.org/I181679659"]}]}],"institutions":[],"countries_distinct_count":3,"institutions_distinct_count":3,"corresponding_author_ids":["https://openalex.org/A5030045165"],"corresponding_institution_ids":["https://openalex.org/I118347636"],"apc_list":null,"apc_paid":null,"fwci":0.0,"has_fulltext":true,"cited_by_count":0,"citation_normalized_percentile":{"value":0.22050185,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":"389","last_page":"389"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T12137","display_name":"Economic theories and models","score":0.7111999988555908,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T12137","display_name":"Economic theories and models","score":0.7111999988555908,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/dynamics","display_name":"Dynamics (music)","score":0.5485960245132446},{"id":"https://openalex.org/keywords/gross-margin","display_name":"Gross margin","score":0.4240383505821228},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.3461887240409851},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.30347514152526855},{"id":"https://openalex.org/keywords/physics","display_name":"Physics","score":0.16246828436851501},{"id":"https://openalex.org/keywords/macroeconomics","display_name":"Macroeconomics","score":0.12485066056251526},{"id":"https://openalex.org/keywords/production","display_name":"Production (economics)","score":0.11120301485061646}],"concepts":[{"id":"https://openalex.org/C145912823","wikidata":"https://www.wikidata.org/wiki/Q113558","display_name":"Dynamics (music)","level":2,"score":0.5485960245132446},{"id":"https://openalex.org/C15430695","wikidata":"https://www.wikidata.org/wiki/Q11157999","display_name":"Gross margin","level":3,"score":0.4240383505821228},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.3461887240409851},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.30347514152526855},{"id":"https://openalex.org/C121332964","wikidata":"https://www.wikidata.org/wiki/Q413","display_name":"Physics","level":0,"score":0.16246828436851501},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.12485066056251526},{"id":"https://openalex.org/C2778348673","wikidata":"https://www.wikidata.org/wiki/Q739302","display_name":"Production (economics)","level":2,"score":0.11120301485061646},{"id":"https://openalex.org/C24890656","wikidata":"https://www.wikidata.org/wiki/Q82811","display_name":"Acoustics","level":1,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1145/3736252.3742559","is_oa":true,"landing_page_url":"https://doi.org/10.1145/3736252.3742559","pdf_url":"https://dl.acm.org/doi/pdf/10.1145/3736252.3742559","source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Proceedings of the 26th ACM Conference on Economics and Computation","raw_type":"proceedings-article"},{"id":"pmh:oai:RePEc:arx:papers:2506.02852","is_oa":false,"landing_page_url":null,"pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"}],"best_oa_location":{"id":"doi:10.1145/3736252.3742559","is_oa":true,"landing_page_url":"https://doi.org/10.1145/3736252.3742559","pdf_url":"https://dl.acm.org/doi/pdf/10.1145/3736252.3742559","source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Proceedings of the 26th ACM Conference on Economics and Computation","raw_type":"proceedings-article"},"sustainable_development_goals":[{"display_name":"Decent work and economic growth","score":0.41999998688697815,"id":"https://metadata.un.org/sdg/8"}],"awards":[],"funders":[],"has_content":{"pdf":true,"grobid_xml":true},"content_urls":{"pdf":"https://content.openalex.org/works/W4411946098.pdf","grobid_xml":"https://content.openalex.org/works/W4411946098.grobid-xml"},"referenced_works_count":0,"referenced_works":[],"related_works":["https://openalex.org/W2899084033","https://openalex.org/W2748952813","https://openalex.org/W4391375266","https://openalex.org/W2238412228","https://openalex.org/W2147313234","https://openalex.org/W2166870621","https://openalex.org/W2981075867","https://openalex.org/W3176649836","https://openalex.org/W2089896117","https://openalex.org/W1119832227"],"abstract_inverted_index":{"Competitive":[0],"equilibrium":[1],"is":[2,22],"a":[3,23,61],"fundamental":[4],"concept":[5],"in":[6,36],"the":[7,67,77,82,96,103],"study":[8],"of":[9,45,53,81],"markets,":[10,41],"describing":[11],"stable":[12],"outcomes":[13],"that":[14,70],"can":[15,102],"emerge":[16],"from":[17],"agents'":[18],"trading.":[19],"Proportional":[20],"response":[21,105],"well-established":[24],"distributed":[25],"algorithm":[26],"which":[27],"has":[28],"been":[29],"shown":[30],"to":[31,33,66,99,109],"converge":[32],"competitive":[34],"equilibria":[35],"both":[37],"Fisher":[38],"and":[39,50],"Arrow-Debreu":[40],"for":[42],"various":[43],"sub-families":[44],"homogeneous":[46,58],"utilities,":[47],"including":[48],"linear":[49],"Constant":[51],"Elasticity":[52],"Substitution":[54],"(CES)":[55],"utilities.":[56],"However,":[57],"utilities":[59,80],"remain":[60],"relatively":[62],"restrictive":[63],"subset":[64],"compared":[65],"diverse":[68],"preferences":[69],"economists":[71],"have":[72],"considered.":[73],"For":[74],"instance,":[75],"even":[76],"intuitive":[78],"separable":[79],"form":[83],"u":[84],"(x)":[85],"=":[86],"\u03a3j":[87],"uj(xj)":[88],"are":[89],"generally":[90],"not":[91],"homogeneous.":[92],"This":[93],"gap":[94],"motivates":[95],"open":[97],"question:":[98],"what":[100],"extent":[101],"proportional":[104],"dynamics":[106],"be":[107],"applied":[108],"markets":[110],"with":[111],"non-homogeneous":[112],"utility":[113],"functions?":[114]},"counts_by_year":[],"updated_date":"2025-11-06T03:46:38.306776","created_date":"2025-10-10T00:00:00"}