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On the study of the economic equilibrium problem through preference relations.
- Source :
-
Journal of Mathematical Analysis & Applications . Sep2019, Vol. 477 Issue 1, p153-162. 10p. - Publication Year :
- 2019
-
Abstract
- 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. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 0022247X
- Volume :
- 477
- Issue :
- 1
- Database :
- Academic Search Index
- Journal :
- Journal of Mathematical Analysis & Applications
- Publication Type :
- Academic Journal
- Accession number :
- 136419884
- Full Text :
- https://doi.org/10.1016/j.jmaa.2019.04.022