6 results on '"Sup-convolution"'
Search Results
2. A refinement of the Bernštein–Kušnirenko estimate
- Author
-
Philippon, Patrice and Sombra, Martín
- Subjects
- *
INTEGRAL theorems , *POLYNOMIALS , *POLYTOPES , *EQUATIONS - Abstract
Abstract: A theorem of Kušnirenko and Bernštein (also known as the BKK theorem) shows that the number of isolated solutions in a torus to a system of polynomial equations is bounded above by the mixed volume of the Newton polytopes of the given polynomials, and this upper bound is generically exact. We improve on this result by introducing refined combinatorial invariants of polynomials and a generalization of the mixed volume of convex bodies: the mixed integral of concave functions. The proof is based on new techniques and results from relative toric geometry. [Copyright &y& Elsevier]
- Published
- 2008
- Full Text
- View/download PDF
3. Time-Dependent Measurable Hamilton–Jacobi Equations.
- Author
-
Camilli, Fabio and Siconolfi, Antonio
- Subjects
- *
HAMILTON-Jacobi equations , *CALCULUS of variations , *CONVEX functions , *PARTIAL differential equations , *HAMILTONIAN systems , *VISCOSITY solutions - Abstract
We study the equation with Hamiltonian H ( x , p ) measurable with respect to the state variable, and convex and coercive in p . We introduce a notion of solution based on viscosity test functions, appropriate averages in measure-theoretic sense of the Hamiltonian, and t -partial-sup-convolutions. We get existence results, comparison principles, and stability properties. We show that our solutions are uniform limits of viscosity solutions (in the sense of Crandall and Lions) of approximated continuous equations. [ABSTRACT FROM AUTHOR]
- Published
- 2005
- Full Text
- View/download PDF
4. A numerical approach for a class of risk-sharing problems
- Author
-
Guillaume Carlier, Aimé Lachapelle, CEntre de REcherches en MAthématiques de la DEcision (CEREMADE), Centre National de la Recherche Scientifique (CNRS)-Université Paris Dauphine-PSL, and Université Paris sciences et lettres (PSL)-Université Paris sciences et lettres (PSL)
- Subjects
Economics and Econometrics ,Mathematical optimization ,Class (set theory) ,Endowment ,comonotonicity ,01 natural sciences ,010104 statistics & probability ,Simple (abstract algebra) ,0502 economics and business ,050207 economics ,0101 mathematics ,Invariant (mathematics) ,Special case ,sup-convolution ,Mathematics ,Applied Mathematics ,Comonotonicity ,05 social sciences ,calculus of variations ,16. Peace & justice ,[MATH.MATH-OC]Mathematics [math]/Optimization and Control [math.OC] ,Calculus of variations ,Mathematical economics ,risk-sharing ,numerical approximation ,Quantile - Abstract
International audience; This paper deals with risk-sharing problems between many agents, each of whom having a strictly concave law invariant utility. In the special case where every agent's utility is given by a concave integral functional of the quantile of her individual endowment, we fully characterize the optimal risk-sharing rules. When there are many agents, these rules cannot be computed analytically. We therefore give a simple convergent algorithm and illustrate it on several examples.
- Published
- 2011
- Full Text
- View/download PDF
5. Production equilibria
- Author
-
Charalambos Aliprantis, Monique Florenzano, Rabee Tourky, Depatment of Economics, Purdue University, Purdue University [West Lafayette], Centre d'économie de la Sorbonne (CES), and Université Paris 1 Panthéon-Sorbonne (UP1)-Centre National de la Recherche Scientifique (CNRS)
- Subjects
Edgeworth equilibrium ,Economics and Econometrics ,Equilibrium ,Applied Mathematics ,Riesz-Kantorovich functional ,05 social sciences ,Production economies ,Properness ,Sup-convolution ,[SHS.ECO]Humanities and Social Sciences/Economics and Finance ,[MATH.MATH-FA]Mathematics [math]/Functional Analysis [math.FA] ,Production economies,Equilibrium,Edgeworth equilibrium,Properness,Riesz-Kantorovich functional,Sup-convolution ,0502 economics and business ,050207 economics ,050205 econometrics - Abstract
A first version of this paper has been presented at the 11th Conference on Real Analysis and Measure Theory in Ischia (Italy, 2004). This version was presented at the Debreu Memorial Conference in Berkeley (USA, 2005); International audience; This paper studies production economies in a commodity space that is an ordered locally convex space. We establish a general theorem on the existence of equilibrium without requiring that the commodity space or its dual be a vector lattice. Such commodity spaces arise in models of portfolio trading where the absence of some option usually means the absence of a vector lattice structure. The conditions on preferences and production sets are at least as general as those imposed in the literature dealing with vector lattice commodity spaces. The main assumption on the order structure is that the Riesz-Kantorovich functionals satisfy a uniform properness condition that can be formulated in terms of a duality property that is readily checked. This condition is satisfied in a vector lattice commodity space but there are many examples of other commodity spaces that satisfy the condition, which are not vector lattices, have no order unit, and do not have either the decomposition property or its approximate versions.
- Published
- 2006
- Full Text
- View/download PDF
6. General equilibrium analysis in ordered topological vector spaces
- Author
-
Charalambos D. Aliprantis, Monique Florenzano, Rabee Tourky, Department of Economics, Purdue University [West Lafayette], CEntre de Recherche en Mathématiques, Statistique et Économie Mathématique (CERMSEM), and Université Paris 1 Panthéon-Sorbonne (UP1)-Centre National de la Recherche Scientifique (CNRS)
- Subjects
TheoryofComputation_MISCELLANEOUS ,Economics and Econometrics ,Sequential equilibrium ,Pareto-optimum ,Computer Science::Computer Science and Game Theory ,General equilibrium theory ,Equilibrium ,ordered topological vector spaces ,Properness ,Monotonic function ,[MATH.MATH-FA]Mathematics [math]/Functional Analysis [math.FA] ,01 natural sciences ,Equilibrium,Valuation equilibrium,Pareto-optimum,Edgeworth equilibrium,Properness,ordered topological vector spaces,Riesz-Kantorovich formula,sup-convolution ,Valuation equilibrium ,Edgeworth equilibrium ,Riesz-Kantorovich formula ,sup-convolution ,0502 economics and business ,0101 mathematics ,050205 econometrics ,Mathematics ,Transitive relation ,Applied Mathematics ,010102 general mathematics ,05 social sciences ,TheoryofComputation_GENERAL ,[SHS.ECO]Humanities and Social Sciences/Economics and Finance ,Pareto optimal ,8. Economic growth ,Mathematical economics ,Vector space - Abstract
The second welfare theorem and the core-equivalence theorem have been proved to be fundamental tools for obtaining equilibrium existence theorems, especially in an infinite dimensional setting. For well-behaved exchange economies that we call proper economies, this paper gives (minimal) conditions for supporting with prices Pareto optimal allocations and decentralizing Edgeworth equilibrium allocations as non-trivial equilibria. As we assume neither transitivity nor monotonicity on the preferences of consumers, most of the existing equilibrium existence results are a consequence of our results. A natural application is in Finance, where our conditions lead to new equilibrium existence results, and also explain why some financial economies fail to have equilibrium., Résumé. Le second théorème de l'économie du bien-être et le théorème d'équivalence coeur-équilibre sont des outils fondamentaux pour obtenir des théorèmes d'existence de l'équilibre, spécialement quand l'espace des biens n'est pas de dimension finie. Pour des économies d'échange que nous appelons propres, cet articles donne des conditions (minimales) de décentralisation par des prix des allocations Pareto-optimales et des équilibres d'Edgeworth. Comme nous ne supposons ni transitivité, ni monotonicité des préférences des consommateurs, la plupart des théorèmes existants d'existance de l'équilibre sont une conséquence de nos résultats. Une appication naturelle de ces résultats est en Finance où nos conditions conduisent à des résultats nouveaux, en même temps qu'elles expliquent pourquoi certains modèles financiers n'ont pas d'équilibre.
- Published
- 2004
- Full Text
- View/download PDF
Catalog
Discovery Service for Jio Institute Digital Library
For full access to our library's resources, please sign in.