Abstract
The aim of the paper is to study an evolutionary quasi-variational inequality, which expresses the equilibrium conditions of a general oligopolistic market equilibrium model, and to present its inverse formulation.
Similar content being viewed by others
Notes
We recall that in the Hilbert space \(L^2([0,T], \mathbb {R}^k)\) we define the canonical bilinear form on \(L^2([0,T], \mathbb {R}^k) \times L^2([0,T], \mathbb {R}^k)\) given by
$$\begin{aligned} \ll \phi , w \gg := \in _0^T \langle \phi (t), w(t) \rangle dt, \end{aligned}$$where \(\phi \in L^2([0,T], \mathbb {R}^k)\).
References
Bensoussan, A., Goursat, M., Lions, J.L.: Contrôle impulsionnel et inèquations quasi-variationnelles stationnaires. CR Acad. Sci. Paris 276, 1279–1284 (1973)
Bensoussan, A., Lions, J.L.: Nouvelle formulation des problèmes de contrôle impulsionnel et applications. CR Acad. Sci. Paris 276, 1189–1192 (1973)
Bensoussan, A., Lions, J.L.: Nouvelles méthodes en contrôle impulsionnel. Appl. Math. Optim. 1, 289–312 (1974)
Bensoussan, A., Lions, J.L.: Contrôle impulsionnel et inéquations quasi-variationnelles d’évolution. CR Acad. Sci. Paris 276, 1333–1338 (1974)
Baiocchi, C., Capello, A.: Variational and Quasivariational Inequalities. Applications to Free Boundary Problems. Wiley, New York (1984)
Chan, D., Pang, J.S.: The generalized quasivariational inequality problem. Math. Oper. Res. 1, 211–222 (1982)
Tan, N.X.: Quasi-variational inequality in topological linear locally convex Hausdorff spaces. Math. Nachr. 122, 231–245 (1985)
Noor, M.A.: An iterative scheme for a class of quasi variational inequalities. J. Math. Anal. Appl. 110, 463–468 (1985)
Facchinei, F., Kanzow, C., Sagratella, S.: Solving quasi-variational inequalities via their KKT conditions. Math. Program. 144, 369–412 (2014)
Jadamba, B., Khan, A., Sama, M.: Generalized solutions of quasi variational inequalities. Optim. Lett. 6, 1221–1231 (2012)
Noor, M.A., Noor, K.I.: Some new classes of quasi split feasibility problems. Appl. Math. Inf. Sci. 7, 1547–1552 (2013)
Noor, M.A., Noor, K.I., Khan, A.G.: Some iterative schemes for solving extended general quasi variational inequalities. Appl. Math. Inf. Sci. 7, 917–925 (2013)
Barbagallo, A., Pia, S.: Weighted quasi-variational inequalities in non-pivot Hilbert spaces and applications. J. Optim. Theory Appl. 164, 781–803 (2015)
Donato, M.B., Milasi, M., Scrimali, L.: Walrasian equilibrium problem with memory term. J. Optim. Theory Appl. 151, 64–80 (2011)
Donato, M.B., Milasi, M., Vitanza, C.: Quasi-variational approach of a competitive economic equilibrium problem with utility function: existence of equilibrium. Math. Models Methods Appl. Sci. 18, 351–367 (2008)
Donato, M.B., Milasi, M., Vitanza, C.: A new contribution to a dynamic competitive equilibrium problem. Appl. Math. Lett. 23, 148–151 (2010)
Scrimali, L.: Quasi-variational inequalities in transportation networks. Math. Models Methods Appl. Sci. 14, 1541–1560 (2004)
Barbagallo, A., Mauro, P.: Evolutionary variational formulation for oligopolistic market equilibrium problems with production excesses. J. Optim. Theory Appl. 155, 1–27 (2012)
Barbagallo, A., Mauro, P.: Time-dependent variational inequality for an oligopolistic market equilibrium problem with production and demand excesses. Abstr. Appl. Anal. 2012 art. no. 651975 (2012)
Barbagallo, A., Cojocaru, M.-G.: Dynamic equilibrium formulation of oligopolistic market problem. Math. Comput. Model. 49, 966–976 (2009)
Barbagallo, A.: Advanced results on variational inequality formulation in oligopolistic market equilibrium problem. Filomat 5, 935–947 (2012)
Barbagallo, A., Mauro, P.: Inverse variational inequality approach and applications. Numer. Funct. Anal. Optim. 35, 851–867 (2014)
Barbagallo, A., Mauro, P.: An inverse problem for the dynamic oligopolistic market equilibrium problem in presence of excesses. Procedia Soc. Behav. Sci. 108, 270–284 (2014)
Barbagallo, A., Mauro, P.: A quasi variational approach for the dynamic oligopolistic market equilibrium problem. Abstr. Appl. Anal. 2013 art. no. 952915 (2013)
Kuratowski, K.: Topology. Academic Press, New York (1966)
Barbagallo, A.: Regularity results for time-dependent variational and quasi-variational inequalities and application to calculation of dynamic traffic network. Math. Models Methods Appl. Sci. 17, 277–304 (2007)
Barbagallo, A.: Regularity results for evolutionary variational and quasi-variational inequalities with applications to dynamic equilibrium problems. J. Glob. Optim. 40, 29–39 (2008)
Yang, J.: Dynamic power price problem: an inverse variational inequality approach. J. Ind. Manag. Optim. 4, 673–684 (2008)
He, B., He, X.Z., Liu, H.X.: Solving a class of “black-box” inverse variational inequalities. Eur. J. Oper. Res. 234, 283–295 (2010)
Scrimali, L.: An inverse variational inequality approach to the evolutionary spatial price equilibrium problem. Optim. Eng. 13, 375–387 (2011)
Maugeri, A.: Convex programming, variational inequalities and applications to the traffic equilibrium problem. Appl. Math. Optim. 16, 169–185 (1987)
Acknowledgments
The first author was partially supported by STAR 2014 “Variational Analysis and Equilibrium Models in Physical and Socio-Economic Phenomena” (Grant 14-CSP3-C03-099). The authors would like to thank the referees for the helpful comments and suggestions which led to a clearer presentation of this work.
Author information
Authors and Affiliations
Corresponding author
Additional information
Communicated by Jean-Pierre Crouzeix.
Rights and permissions
About this article
Cite this article
Barbagallo, A., Mauro, P. A General Quasi-variational Problem of Cournot-Nash Type and Its Inverse Formulation. J Optim Theory Appl 170, 476–492 (2016). https://doi.org/10.1007/s10957-016-0924-z
Received:
Accepted:
Published:
Issue Date:
DOI: https://doi.org/10.1007/s10957-016-0924-z