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In this paper, we define a generalized resolvent operator involving a 풢 ⁢ (⋅ , ⋅) -co-monotone mapping for solving a generalized variational inclusion problem. We show that the resolvent operator under consideration is single-valued as well as Lipschitz continuous. An iterative algorithm is constructed to obtain the approximate solution of our problem. An example is provided to illustrate the theoretical findings. [ABSTRACT FROM AUTHOR]