An evolutionary model is presented for a multi–sector, multi–instrument financial equilibrium problem, with general utility function and including policy interventionsin the form of taxes and price controls. We give the evolutionary financial equilibrium condition, prove an equivalent variational inequality formulation, fromwhich an existence result follows.
Competitive Financial Equilibrium Problems with Policy Interventions / Daniele, P.; Giuffre', Sofia; Pia, S.. - In: JOURNAL OF INDUSTRIAL AND MANAGEMENT OPTIMIZATION. - ISSN 1547-5816. - 1:1(2005), pp. 39-52. [10.3934/jimo.2005.1.39]
Competitive Financial Equilibrium Problems with Policy Interventions
GIUFFRE', Sofia;
2005-01-01
Abstract
An evolutionary model is presented for a multi–sector, multi–instrument financial equilibrium problem, with general utility function and including policy interventionsin the form of taxes and price controls. We give the evolutionary financial equilibrium condition, prove an equivalent variational inequality formulation, fromwhich an existence result follows.File in questo prodotto:
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