Variational Inequalities for Evolutionary Financial Equilibrium

Year
2003
Type(s)
Author(s)
P. Daniele
Source
Innovations in Financial and Economic Networks, A. Nagurney Ed., 2003, pp. 84-108.
Url
http://goo.gl/FwM1jk
BibTeX
BibTeX

In this chapter, we propose an evolutionary model for the formulation and analysis of multi-sector, multi-instrument financial equilibrium problems. This new framework allows for the variance-covariance matrices associated with risk perception, the financial volumes held by the sectors, the optimal portfolio compositions, as well as the instrument prices, to all be timedependent.

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