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Variational Inequalities for Time Dependent Financial Equilibrium with Price Constraints

  • S. Giuffrè
  • S. Pia
Chapter
Part of the Nonconvex Optimization and Its Applications book series (NOIA, volume 79)

Abstract

We study a financial evolutionary problem, when variance-covariance matrices, sector financial holding volumes, instrument prices are time-dependent. As in P.Daniele [1], but assuming the realistic condition of a lower constraint for the price of each instrument, we give the evolutionary financial equilibrium condition, prove an equivalent variational inequality formulation and an existence result.

Key words

financial problem equilibrium condition variational inequality formulation time-dependent requirements 

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Copyright information

© Springer Science+Business Media, Inc. 2005

Authors and Affiliations

  • S. Giuffrè
    • 1
  • S. Pia
    • 1
  1. 1.D.I.M.E.T., Faculty of EngineeringUniversity of Reggio CalabriaReggio CalabriaItaly

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