Showing 1 - 10 of 52
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
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
Nous présentons ici un théorème d'existence d'éléments maximaux pour une correspondance dont les composantes sont hémi-continues supérieurement par rapport à une partie des variables et qui vérifie par rapport aux autres l'une des conditions suivantes : (i) semi-continues...
Persistent link: https://www.econbiz.de/10010750889
We present some application of the generalized Ky Fan's Matching Theorem stated by Chebbi, Gourdel and Hammami in minimax and variational inequalities using a generalized coercivity type condition for correspondences defined in L-space.
Persistent link: https://www.econbiz.de/10010750911
In this paper, we establish an equivalent version of the hairy ball theorem in the form of a fixed point theorem. By using a version of Mas-Colell theorem [6] and by applying homotopy and approximation methods, we obtain our main result.
Persistent link: https://www.econbiz.de/10011025753
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/10011025803