Existence of general competitive equilibria: a variational approach
type: Item
instance of: scholarly article
title: Existence of general competitive equilibria: a variational approach
zbMATH Open document ID: 1470.91150
DOI: 10.1155/2016/4969253
published in: Abstract and Applied Analysis
publication date: 2018-08-30T00:00:00Z
review text: Summary: We study the existence of general competitive equilibria in economies with agents and goods in a finite number. We show that there exists a Walras competitive equilibrium in all ownership private economies such that, for all consumers, initial endowments do not contain free goods and utility functions are locally Lipschitz quasiconcave. The proof of the existence of competitive equilibria is based on variational methods by applying a theoretical existence result for Generalized Quasi Variational Inequalities.
Mathematics Subject Classification ID: 91B50
Mathematics Subject Classification ID: 49J40
Mathematics Subject Classification ID: 90C33
zbMATH DE Number: 6929368
Wikidata QID: Q59121532
author: Giovanni Anello
author: Francesco Rania
MaRDI profile type: Publication
full work available at URL: https://doi.org/10.1155/2016/4969253
OpenAlex ID: W2472994109
cites work: Existence of an Equilibrium for a Competitive Economy
cites work: Q5588318
cites work: Continuity Properties of Paretian Utility
cites work: The law of supply and demand
cites work: Variational Inequalities and Economic Equilibrium
cites work: Q4902563
cites work: Q4070950
cites work: Q3549359
cites work: Q3905599
cites work: Variational inequalities
cites work: Network Optimization Problems: Algorithms, Applications and Complexity
cites work: Time-Dependent Equilibrium Problems
cites work: Set-valued analysis
cites work: Q3996569
cites work: The Generalized Quasi-Variational Inequality Problem
cites work: Existence for competitive equilibrium by means of generalized quasivariational inequalities
cites work: Exchange price equilibria and variational inequalities
cites work: An application of quasivariational inequalities to linear control systems
cites work: A quasi-variational approach to a competitive economic equilibrium problem without strong monotonicity assumption
cites work: Variational methods for equilibrium problems involving quasi-concave utility functions
description: scientific article; zbMATH DE number 6929368