Quasivariational Inequalities for a Dynamic Competitive Economic Equilibrium Problem
The aim of this paper is to consider a dynamic competitive economic equilibrium problem in terms of maximization of utility functions and of excess demand functions. This equilibrium problem is studied by means of a time-dependent quasivariational inequality which is set in the Lebesgue space...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
SpringerOpen
2009-01-01
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Series: | Journal of Inequalities and Applications |
Online Access: | http://dx.doi.org/10.1155/2009/519623 |
Summary: | The aim of this paper is to consider a dynamic competitive economic equilibrium problem in terms of maximization of utility functions and of excess demand functions. This equilibrium problem is studied by means of a time-dependent quasivariational inequality which is set in the Lebesgue space L2([0,T],ℝ). This approach allows us to obtain an existence result of time-dependent equilibrium solutions. |
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ISSN: | 1025-5834 1029-242X |