We propose a simple non-equilibrium model of a financial market as an open system with a possible exchange of money … Motion (GBM) model, that we call the ”Quantum Equilibrium-Disequilibrium” (QED) model. The QED model gives rise to non …

apply this theorem to a discrete nonlinear complementarity problem and an economic equilibrium problem with indivisibilities …

conditions identified here even more broadly than usual, except for concavity in place of quasi-concavity, every equilibrium will … at all on utility, whereas other goods, although insatiably interesting, may anyway end up at zero in equilibrium. Recent … way toward further developments in which an equilibrium might evolve in response to exogenous inputs to the agents …

point of the function itself. We apply the main existence result to prove the existence of a pure Cournot-Nash equilibrium …

, providing projections on its demographic evolution. In the paper the impact of the asymptotic demographic equilibrium on the pay …

illustrate four distinct approaches to computing equilibrium transition paths. The relationship between optimization and … equilibrium modeling is explored. We conclude with a test of a new model representation (extended mathematical programming) using … two common general equilibrium studies in the literature: Ramsey and Negishi. The new framework allows to define …