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Young Duality of Variational Inequalities. An Application for the Analysis of Interactions in Production Networks
N. K. Obrosova, A. A. Shananin Federal Research Center "Computer Science and Control" of Russian Academy of Sciences, Moscow
Abstract:
We develop a mathematical technique of Young dual variational inequalities, which are used to model market equilibrium in a network of production clusters that are heterogeneous from a technological point of view. Two formulations of the problem are considered: for a closed system with a given constraint on resources and for an open system in which resources can be supplied from outside at given prices. A theorem is proved on the existence of a solution to the variational inequality corresponding to market equilibrium in an open system.
Keywords:
production network, heterogeneity, variational inequality, Young duality, market equilibrium, resource allocation problem.
Received: 11.05.2023 Revised: 19.06.2023 Accepted: 26.06.2023
Citation:
N. K. Obrosova, A. A. Shananin, “Young Duality of Variational Inequalities. An Application for the Analysis of Interactions in Production Networks”, Trudy Inst. Mat. i Mekh. UrO RAN, 29, no. 3, 2023, 88–105; Proc. Steklov Inst. Math. (Suppl.), 323, suppl. 1 (2023), S194–S210
Linking options:
https://www.mathnet.ru/eng/timm2020 https://www.mathnet.ru/eng/timm/v29/i3/p88
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Abstract page: | 93 | Full-text PDF : | 13 | References: | 24 | First page: | 8 |
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