The aim of this paper is to study the Walrasian equilibrium problem when the data are time-dependent. In order to have a more realistic model, the excess demand function depends on the current price and on previous events of the market. Hence, a memory term is introduced; it describes the precedent states of the equilibrium. This model is reformulated as an evolutionary variational inequality in the Lebesgue space $L^2([0,T ],R)$, and, thanks to this characterization, existence and qualitative results on equilibrium solution are given.
|Titolo:||Walrasian Equilibrium Problem with Memory Term|
|Data di pubblicazione:||2011|
|Appare nelle tipologie:||1.1 Articolo in rivista|