Showing 1 - 10 of 110
This paper studies the existence of solutions in continuous time optimization problems. It provides a theorem whose conditions can be easily checked in most models of the optimal growth theory, including those with increasing returns and multi-sector economies.
Persistent link: https://www.econbiz.de/10010750563
This paper studies the existence of solutions in continuous time optimization problems. It provides a theorem whose conditions can be easily checked in most models of the optimal growth theory, including those with increasing returns and multi-sector economies.
Persistent link: https://www.econbiz.de/10008795923
In electricity markets where competition has been established for a long time, a nuclear operator familiar with the operation of such markets could be interested in the optimal long-term management of a flexible nuclear set (like the French) in a competitive market. To obtain a long vision of...
Persistent link: https://www.econbiz.de/10009402124
In the case of a large nuclear set (like the French set), nuclear production needs to be flexible to adjust to the predicted evolutions of the energy demmand. Consequently, the dominant position of nuclear in the national energy mix makes it responsible for the overall equilibrium of the...
Persistent link: https://www.econbiz.de/10010812590
We look at the optimal inter-temporal management of the fuel reservoir of nuclear units in a liberalized electricity market. We use the assumption that nuclear fuel works as a “reservoir” of energy due to the periodical shutdown of nuclear units to reload their fuel. In the medium-term, how...
Persistent link: https://www.econbiz.de/10010812591
In this paper, we prove a new version of the Second Welfare Theorem for economies with a finite number of agents and an infinite number of commodities, when the preference correspondences are not convex-valued and/or when the total production set is not convex. For this kind of nonconvex...
Persistent link: https://www.econbiz.de/10010750353
We introduce a generalized coercivity type condition for set-valued maps defined on topological spaces endowed with a generalized convex structure and we extend the Fan's matching theorem.
Persistent link: https://www.econbiz.de/10010750486
We present an extension of Borsuk's antipodal theorem (existence of a zero) for antipodally approachable correspondences without convex values. This result is a generalization of Borsuk-Ulam Theorem and has a fixed-point equivalent formulation.
Persistent link: https://www.econbiz.de/10010750522
We consider an extension of a general equilibrium model with incomplete markets that considers cash-in-advance constraints. The total amount of money is supplied by an authority, which produces at no cost and lends money to agents at short term nominal rates of interest, meeting the demand....
Persistent link: https://www.econbiz.de/10010750753
Nous présentons une preuve plus simple et indépendante du théorème 3.1 de Reny [1] qui montre l'existence d'un équilibre de Nash dans un jeu discontinu et dans un espace vectoriel topologique séparé. On utilise une hypothèse de meilleure réponse sécurisée plus forte que celle de Reny,...
Persistent link: https://www.econbiz.de/10010750773