On the study of the economic equilibrium problem through preference relations

JOURNAL OF MATHEMATICAL ANALYSIS AND APPLICATIONS

卷:477

Article

Milasi, Monica¹  Puglisi, Alfio¹  Vitanza, Carmela² 

[1] Univ Messina, Dept Econ, Messina, Italy

[2] Univ Messina, Dept MIFT, Messina, Italy

关键词: Competitive equilibrium problems;    Preference relations;    Convex preference;    Set-valued maps;    Variational inequality problems;   

DOI  :  10.1016/j.jmaa.2019.04.022

来源: Elsevier

【 摘 要 】

In this paper we consider a competitive economic equilibrium problem where preferences of consumers are expressed by means of a binary relation. The aim is to find a suitable quasi-variational inequality which characterizes the equilibria and, by using tools of variational theory, to study such equilibria. The novelty of this paper consists in the study of an economic equilibrium problem by a variational approach without the need of representing the consumer's preferences by a utility function. (C) 2019 Elsevier Inc. All rights reserved.

【 授权许可】

Free