Walrasian Equilibrium Problem with Memory Term

The aim of this paper is to study the Walrasian equilibrium problem when the data are time‐dependent. In order to have a more realistic model, the excess demand function depends on the current price and on previous events of the market. Hence, a memory term is introduced; it describes the precedent states of the equilibrium. This model is reformulated as an evolutionary variational inequality in the Lebesgue space L ²([0,T],ℝ), and, thanks to this characterization, existence and qualitative results on equilibrium solution are given.