• Title/Summary/Keyword: Existence theorem

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On a New Selection Theorem

  • Kim, Won Kyu
    • Journal of the Chungcheong Mathematical Society
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    • v.7 no.1
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    • pp.47-51
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    • 1994
  • The purpose of this note is to give a new selection theorem which is an essential tool for proving the new kind of existence theorem of the equilibrium price comparable to the Debreu-Gale-Nikaido theorem.

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ON THE EXISTENCE OF EQUILIBRIUM PRICE

  • Kim, Won-Kyu;Rim, Dong-Il
    • Journal of the Korean Mathematical Society
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    • v.33 no.1
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    • pp.25-29
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    • 1996
  • The Debreu-Gale-Nikaido theorem [2] is a potential tool to prove the existence of a market equilibrium price. Walras' law is of a quantitative nature (i.e. it measures the value of the total excess demand), and it is interesting to note that the existence result holds true under some qualitative assumptions. In fact, the Debreu-Gale-Nikaido theorem states that the continuity of the excess demand function and Walras' law has the following implication : For some price and corresponding value of the excess demand function, it is not possible to respond with a new price system such that the value at the new price of every element in the value of the demand function associated with the old price system is strictly positive.

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ON A TOPOLOGICAL EXISTENCE THEOREM

  • Kim, Won Kyu;Im, Sung Mo;Rim, Dong Il
    • Journal of the Chungcheong Mathematical Society
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    • v.9 no.1
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    • pp.191-197
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    • 1996
  • The purpose of this paper is to prove a new topological existence theorem by using the connectness property, and some applications are also given.

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ON A NEW EXISTENCE OF EQUILIBRIUM IN SSC

  • Kim, Won-Kyu;Yuan, George-Xian-Zhi
    • Journal of applied mathematics & informatics
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    • v.5 no.3
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    • pp.607-614
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    • 1998
  • In this note we shall give a new existence theorem of equilibrium in social systems with coordination under general assump-tions by using the Kakutani fixed point theorem.

ON THE EXISTENCE OF SOLUTIONS FOR SOME VARIATIONAL-LIKE INEQUALITIES

  • Lee, Byung-Soo;Jung, Jong-Soo
    • Communications of the Korean Mathematical Society
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    • v.14 no.2
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    • pp.319-328
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    • 1999
  • In this paper we consider a kind of Minty`s lemma for multifunctions in Banach spaces, and apply it to obtain existence theorems for two kinds of variational-like inequalities using the KKM-Fan theorem.

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ON PURE-STRATEGY EQUILIBRIA IN MATRIX GAMES

  • Yoon, Tae-Hwan;Kwon, O-Hun
    • Bulletin of the Korean Mathematical Society
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    • v.37 no.2
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    • pp.377-385
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    • 2000
  • In this paper we find a sufficient condition to guarantee the existence of pure-strategy equilibria in matrix games. In the process of formulating our condition, the alternative theorem of Farkas is used. The formulated condition is necessary and sufficient to the existence of pure-strategy equilibria in undominated matrix games.

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On a New Equilibrium Existence Theorem

  • Kim, Tai Sung;Kim, Won Kyu;Lim, Jong Sul
    • Journal of the Chungcheong Mathematical Society
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    • v.5 no.1
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    • pp.143-149
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    • 1992
  • The purpose of this note is to give a new existence theorem of equilibrium in non-compact generalized games with uncountable number of agents.

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