On the equivalence between strong solvability and strict semimonotonicity for some systems involving Z-functions

On the equivalence between strong solvability and strict semimonotonicity for some systems involving Z-functions

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Article ID: iaor1992987
Country: Netherlands
Volume: 49
Issue: 3
Start Page Number: 371
End Page Number: 379
Publication Date: Jan 1991
Journal: Mathematical Programming
Authors: ,
Keywords: economic equilibria
Abstract:

This paper focuses on the relationship between the ‘strong’ solvability of a certain system involving a Z-function, and the strict semimonotonicity of such a function. The main result shows that, for a system defined by a continuous, superhomogeneous Z-function, the additional condition of strict semimonotonicity is both necessary and sufficient for strong solvability.

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