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    Approximate computations with modular curves

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    This article gives an introduction for mathematicians interested in numerical computations in algebraic geometry and number theory to some recent progress in algorithmic number theory, emphasising the key role of approximate computations with modular curves and their Jacobians. These approximations are done in polynomial time in the dimension and the required number of significant digits. We explain the main ideas of how the approximations are done, illustrating them with examples, and we sketch some applications in number theory

    Asymptotic Methods for Asset Market Equilibrium Analysis

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    General equilibrium analysis is difficult when asset markets are incomplete. We make the simplifying assumption that uncertainty is small and use bifurcation methods to compute Taylor series approximations for asset demand and asset market equilibrium. A computer must be used to derive these approximations since they involve large amounts of algebraic manipulation. To illustrate this method, we apply it to analyzing the allocative, price, and welfare effects of introducing a new derivative security. We find that the introduction of any derivative will raise the value of the risky asset relative to bonds.
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