This paper proves the existence of the φ-Kantian equilibrium, a general framework for cooperative economic behavior, under weak topological assumptions. Our proof strategy follows a variational approach: we formulate the problem as a Generalized Quasi-Variational Inequality (GQVI) and prove that a solution exists. As a key application, we use this general result to establish the existence of the Walras-Kant equilibrium, a model that integrates competitive market behavior for private goods with Kantian cooperation for public goods.

A variational approach to the φ-Kantian equilibrium and the Walras-Kant model

Giordano M. D. E.;Milasi M.
In corso di stampa

Abstract

This paper proves the existence of the φ-Kantian equilibrium, a general framework for cooperative economic behavior, under weak topological assumptions. Our proof strategy follows a variational approach: we formulate the problem as a Generalized Quasi-Variational Inequality (GQVI) and prove that a solution exists. As a key application, we use this general result to establish the existence of the Walras-Kant equilibrium, a model that integrates competitive market behavior for private goods with Kantian cooperation for public goods.
In corso di stampa
File in questo prodotto:
Non ci sono file associati a questo prodotto.
Pubblicazioni consigliate

I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.

Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11570/3362349
 Attenzione

Attenzione! I dati visualizzati non sono stati sottoposti a validazione da parte dell'ateneo

Citazioni
  • ???jsp.display-item.citation.pmc??? ND
  • Scopus ND
  • ???jsp.display-item.citation.isi??? ND
social impact