We propose a new method to compute the joint spectral radius and the joint spectral subradius of a set of matrices. We first restrict our attention to matrices that leave a cone invariant. The accuracy of our algorithm, depending on geometric properties of the invariant cone, is estimated. We then extend our method to arbitrary sets of matrices by a lifting procedure, and we demonstrate the efficiency of the new algorithm by applying it to several problems in combinatorics, number theory, and discrete mathematics.
Protasov, V. Y., Jungers, R., & Blondel, V. (2010). Joint Spectral Characteristics of Matrices: a Conic Programming Approach. SIAM Journal on Matrix Analysis and Applications, 31(4), 2146-2162. https://doi.org/10.1137/090759896 (Original work published 2010)