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Evolutionary variational inequalities applied to financial equilibrium problems in an environment of risk and uncertainty

✍ Scribed by P. Daniele


Book ID
103845375
Publisher
Elsevier Science
Year
2005
Tongue
English
Weight
129 KB
Volume
63
Category
Article
ISSN
0362-546X

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✦ Synopsis


In this paper we present an evolutionary model for multi-sector, multi-instrument financial equilibrium problems. In particular, we consider the case in which the variance-covariance matrices or, more generally, the utility function associated with risk perception, the financial volumes held by the sectors, the optimal portfolio composition and the instrument prices are time-dependent.