We found a match
Your institution may have rights to this item. Sign in to continue.
- Title
On inexact versions of a quasi-equilibrium problem: a Cournot duopoly perspective.
- Authors
Júnior, E. L. Dias; Santos, P. J. S.; Soubeyran, A.; Souza, J. C. O.
- Abstract
This paper has two parts. In the mathematical part, we present two inexact versions of the proximal point method for solving quasi-equilibrium problems (QEP) in Hilbert spaces. Under mild assumptions, we prove that the methods find a solution to the quasi-equilibrium problem with an approximated computation of each iteration or using a perturbation of the regularized bifunction. In the behavioral part, we justify the choice of the new perturbation, with the help of the main example that drives quasi-equilibrium problems: the Cournot duopoly model, which founded game theory. This requires to exhibit a new QEP reformulation of the Cournot model that will appear more intuitive and rigorous. It leads directly to the formulation of our perturbation function. Some numerical experiments show the performance of the proposed methods.
- Subjects
QUASI-equilibrium; GAME theory; PROBLEM solving; LOGITS; HILBERT space
- Publication
Journal of Global Optimization, 2024, Vol 89, Issue 1, p171
- ISSN
0925-5001
- Publication type
Article
- DOI
10.1007/s10898-023-01341-5