Showing 1 - 10 of 21
In this paper, we consider the implicit quasi-variational inequality without continuity assumptions of data mappings. Our approach here is completely different from the one based on KKM theorem in the literature. Interesting applications to generalized quasi-variational inequalities for both...
Persistent link: https://www.econbiz.de/10010950353
We study bankruptcy problems in financial networks in the presence of general bankruptcy laws. The set of clearing payment matrices is shown to be a lattice, whichguarantees the existence of a greatest and a least clearing payment. Multiplicity ofclearing payment matrices is both a theoretical...
Persistent link: https://www.econbiz.de/10013198996
We study a model of sequential bargaining in which, in each period before an agreement is reached, the proposer's identity (and whether there is a proposer) are randomly determined; the proposer suggests a division of a pie of size one; each other agent either approves or rejects the proposal; and...
Persistent link: https://www.econbiz.de/10010277543
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/10005510653
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
The square root function has a unique positive fixed point. This function has the following properties: it is strictly increasing and strictly concave, with f(0)=0, and there are points a0 and b0 such that f(b)a and bf(b). It is shown that any function from Rn to Rn satisfying these properties...
Persistent link: https://www.econbiz.de/10005091028
Persistent link: https://www.econbiz.de/10005062343
We present a model of learning in which agents learn from errors. If an action turns out to be an error, the agent rejects not only that action but also neighboring actions. We find that, keepng memory of his errors, under mild assumptions an acceptable solution is asymptotically reached....
Persistent link: https://www.econbiz.de/10005572182
This paper characterizes the existence of equilibria in minimax inequalities without assuming any form of quasi-concavity of functions and convexity or compactness of choice sets. A new condition, called “local dominatedness property”, is shown to be necessary and further, under some mild...
Persistent link: https://www.econbiz.de/10008517648