January  2005, 1(1): 39-52. doi: 10.3934/jimo.2005.1.39

Competitive financial equilibrium problems with policy interventions

1. 

Department of Mathematics and Computer Sciences, University of Catania, 95125 Catania, Italy

2. 

D.I.M.E.T., Faculty of Engineering, University of Reggio Calabria, 89060 Reggio Calabria, Italy, Italy

Received  April 2004 Revised  October 2004 Published  January 2005

An evolutionary model is presented for a multi-sector, multi-instrument financial equilibrium problem, with general utility function and including policy interventions in the form of taxes and price controls. We give the evolutionary financial equilibrium condition, prove an equivalent variational inequality formulation, from which an existence result follows.
Citation: P. Daniele, S. Giuffrè, S. Pia. Competitive financial equilibrium problems with policy interventions. Journal of Industrial & Management Optimization, 2005, 1 (1) : 39-52. doi: 10.3934/jimo.2005.1.39
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