Abstract
This paper presents the time-dependent, multi-agent and multi-activity financial equilibrium problem when budget constraints are implicitly defined. Specifically, we assume that total wealth is elastic with respect to the optimal investment. Such a problem is formulated as an infinite dimensional quasi-variational inequality for which an existence result is given.
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Scrimali, L. The financial equilibrium problem with implicit budget constraints. cent.eur.j.oper.res. 16, 191–203 (2008). https://doi.org/10.1007/s10100-007-0046-7
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DOI: https://doi.org/10.1007/s10100-007-0046-7