Young Duality of Variational Inequalities. An Application for the Analysis of Interactions in Production Networks
Trudy Instituta matematiki i mehaniki, Trudy Instituta Matematiki i Mekhaniki UrO RAN, Tome 29 (2023) no. 3, pp. 88-105
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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.
@article{TIMM_2023_29_3_a5,
author = {N. K. Obrosova and A. A. Shananin},
title = {Young {Duality} of {Variational} {Inequalities.} {An} {Application} for the {Analysis} of {Interactions} in {Production} {Networks}},
journal = {Trudy Instituta matematiki i mehaniki},
pages = {88--105},
publisher = {mathdoc},
volume = {29},
number = {3},
year = {2023},
language = {ru},
url = {http://geodesic.mathdoc.fr/item/TIMM_2023_29_3_a5/}
}
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N. K. Obrosova; A. A. Shananin. Young Duality of Variational Inequalities. An Application for the Analysis of Interactions in Production Networks. Trudy Instituta matematiki i mehaniki, Trudy Instituta Matematiki i Mekhaniki UrO RAN, Tome 29 (2023) no. 3, pp. 88-105. http://geodesic.mathdoc.fr/item/TIMM_2023_29_3_a5/