Maximal elements and equilibrium of abstract economy.

DOI10.1023/A:1016309703389MaRDI QIDQ1596413zbMATH OpenOpenAlexFDO

Authors Haitao Cai, Xin-Ge Liu

Publication date 2001

Published in Applied Mathematics and Mechanics. (English Edition) (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1023/a:1016309703389

zbMATH Keywords

\(Q_\theta\)-class\(Q_\theta\)-majorizedabstract economy modelsequilibrium theoremmaximal elementspreference correspondencequantitative games

Mathematics Subject Classification ID

Noncooperative games (91A10) Individual preferences (91B08) General equilibrium theory (91B50) Trade models (91B60)

Review text

The present paper continues similar results of the authors and introduces the notions of \(Q_\theta\)-majorant of \(\varnothing\) and \(Q_\theta\)-majorized correspondence in order to generalize the lower semi-continuous correspondences which are irreflexive and have open convex values. The aim of this paper is to prove an existence theorem of maximal elements for the new type of preference correspondence which are \(Q_\theta\)-majorized. A new existence theorem of equilibrium for an abstract economy and quantitative game is proved under the conditions that the intersection of constraint and preference correspondence are \(Q_\theta\)-majorized for any (countable and uncountable) set of agents in Hausdorff locally convex topological vector spaces.

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Cited in

(6)

• Existence of equilibrium for abstract economies
• Fuzzy equilibrium via best proximity pairs in abstract economies
• On a new class of systems of generalized quasi-variational inequalities
• Existence of Equilibrium Pairs for Generalized Games
• scientific article; zbMATH DE number 3972565 (Why is no real title available?)
• Existence of equilibrium pairs for free abstract economies

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