Projected Dynamical Systems and Variational Inequalities with Applications

Projected Dynamical Systems and Variational Inequalities with Applications
Author: Anna Nagurney
Publisher: Springer Science & Business Media
Total Pages: 312
Release: 2012-12-06
Genre: Business & Economics
ISBN: 146152301X

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Equilibrium is a concept used in operations research and economics to understand the interplay of factors and problems arising from competitive systems in the economic world. The problems in this area are large and complex and have involved a variety of mathematical methodologies. In this monograph, the authors have widened the scope of theoretical work with a new approach, `projected dynamical systems theory', to previous work in variational inequality theory. While most classical work in this area is static, the introduction to the theory of projected dynamical systems will allow many real-life dynamic situations and problems to be handled and modeled. This monograph includes: a new theoretical approach, `projected dynamical system', which allows the researcher to model real-life situations more accurately; new mathematical methods allowing researchers to combine other theoretical approaches with the projected dynamical systems approach; a framework in which research can adequately model natural, financial and human (real life) situations in competitive equilibrium problems; the computational and numerical methods for the implementation of the methods and theory discussed in the book; stability analysis, algorithms and computational procedures are offered for each set of applications.

Nonunique Equilibria of Projected Dynamical Systems and Their Applications

Nonunique Equilibria of Projected Dynamical Systems and Their Applications
Author: Fatima Etbaigha
Publisher:
Total Pages:
Release: 2018
Genre:
ISBN:

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Projected dynamical systems were formulated in the 1990s by Dupuis and Nagurney. In contrast to classical dynamical systems, projected dynamical systems have discontinuous right hand sides that are associated with a projection operator. By the projection mecha- nism, the whole Hilbert space H is projected onto a non-empty, closed convex set K ⊂ H. Critical points of a projected dynamical system coincide with the solutions of a corresponding variational inequality problem; therefore, the applications of projected dynamical systems have been found in various fields such as economics, operations research and engineering. In this thesis, we study applications of equilibria of projected dynamical systems for market equilibrium problems, games and compartmental population models. First, the well-known market disequilibrium model with excess supply and demand is investigated to determine if it exhibits changes in the structure and the number of equilibrium states for specific choices of parameter values. We study the bifurcation problem (i.e., a qualitative change in equilib- rium states) as a parameterized variational inequality problem. We conduct our analysis by modeling the markets via a projected dynamical system. Second, we present a combination of theoretical and computational results meant to give insights into the question of the existence of nonunique Nash equilibria for N-player nonlinear games. Our inquiries make use of the theory of variational inequalities and projected systems to classify cases where multiplayer Nash games with parameterized payoffs exhibit changes in the number of Nash equilibria, depending on given parameter values. Finally, we use the compartmental popu- lation model, namely, the deterministic Susceptible-Exposed-Infectious-Recovered model, to analyze the dynamics of influenza infection of a farrow-to-finish swine farm, and we explore the reinfection at the farm level. We further examine the effectiveness of two control strate- gies: vaccination and reduction of indirect contact. In this case, we show that the model is a projected dynamical system but the projection does not add any relevant applied meaning to the results. Therefore, we show that the problem can be studied using classical dynamical systems.

Network Economics

Network Economics
Author: Anna Nagurney
Publisher: Springer Science & Business Media
Total Pages: 423
Release: 2013-03-09
Genre: Business & Economics
ISBN: 1475730055

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Since the publication of the first edition of Network Economics: A Variational Inequality Approach in 1993, there have been many ad vances in both methodological developments, as well as, applications in this field. These have occurred in an environment of an increasingly networked global economy, in which the importance of transportation networks and communication networks is now well-recognized, with net works such as knowledge networks, environmental networks, and finan cial networks receiving growing attention. This edition adds recent research progress in new and evolving ar eas of network economics through common and unifying principles. In addition, it includes dynamic models of traffic, of spatially separated markets, of oligopolistic markets, and of financial markets. In order to expand the range and reach of this material, we have also included a series of problems in an appendix for self-study purposes and for use in the classroom. We note that computational economics has been at the forefront in stimulating the development of mathematical methodologies for the analysis and solution of complex, large-scale problems. The past fifteen years, in particular, have witnessed a dramatic growth of interest in this area. Supported by the increasing availability of data and by advances in computer architectures, the scale and dimensions of problems that can now be handled are unveiling new horizons in both theoretical modeling and policy analysis.

Equilibrium Problems: Nonsmooth Optimization and Variational Inequality Models

Equilibrium Problems: Nonsmooth Optimization and Variational Inequality Models
Author: F. Giannessi
Publisher: Springer Science & Business Media
Total Pages: 304
Release: 2006-04-11
Genre: Mathematics
ISBN: 0306480263

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The aim of the book is to cover the three fundamental aspects of research in equilibrium problems: the statement problem and its formulation using mainly variational methods, its theoretical solution by means of classical and new variational tools, the calculus of solutions and applications in concrete cases. The book shows how many equilibrium problems follow a general law (the so-called user equilibrium condition). Such law allows us to express the problem in terms of variational inequalities. Variational inequalities provide a powerful methodology, by which existence and calculation of the solution can be obtained.

Optimization and Dynamical Systems

Optimization and Dynamical Systems
Author: Uwe Helmke
Publisher: Springer Science & Business Media
Total Pages: 409
Release: 2012-12-06
Genre: Technology & Engineering
ISBN: 1447134672

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This work is aimed at mathematics and engineering graduate students and researchers in the areas of optimization, dynamical systems, control sys tems, signal processing, and linear algebra. The motivation for the results developed here arises from advanced engineering applications and the emer gence of highly parallel computing machines for tackling such applications. The problems solved are those of linear algebra and linear systems the ory, and include such topics as diagonalizing a symmetric matrix, singular value decomposition, balanced realizations, linear programming, sensitivity minimization, and eigenvalue assignment by feedback control. The tools are those, not only of linear algebra and systems theory, but also of differential geometry. The problems are solved via dynamical sys tems implementation, either in continuous time or discrete time , which is ideally suited to distributed parallel processing. The problems tackled are indirectly or directly concerned with dynamical systems themselves, so there is feedback in that dynamical systems are used to understand and optimize dynamical systems. One key to the new research results has been the recent discovery of rather deep existence and uniqueness results for the solution of certain matrix least squares optimization problems in geomet ric invariant theory. These problems, as well as many other optimization problems arising in linear algebra and systems theory, do not always admit solutions which can be found by algebraic methods.

Semismooth Newton Methods for Variational Inequalities and Constrained Optimization Problems in Function Spaces

Semismooth Newton Methods for Variational Inequalities and Constrained Optimization Problems in Function Spaces
Author: Michael Ulbrich
Publisher: SIAM
Total Pages: 315
Release: 2011-07-28
Genre: Mathematics
ISBN: 1611970687

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A comprehensive treatment of semismooth Newton methods in function spaces: from their foundations to recent progress in the field. This book is appropriate for researchers and practitioners in PDE-constrained optimization, nonlinear optimization and numerical analysis, as well as engineers interested in the current theory and methods for solving variational inequalities.

Financial Networks

Financial Networks
Author: Anna Nagurney
Publisher: Springer Science & Business Media
Total Pages: 499
Release: 2012-12-06
Genre: Business & Economics
ISBN: 3642590667

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Financial analysis is concerned with the study of capital flows over time and space. This book presents a new theory of multi-sector, multi-instrument financial systems based on the visualization of such systems as networks. The framework is both qualitative and computational and depends crucially on the methodologies of finite-dimensional variational inequality theory for the study of statics and equilibrium states and on projected dynamical systems for the study of dynamics and disequilibrium behavior. Moreover, it adds a graphical dimension to the fundamental economic structure of financial systems and their evolution through time.

Computational Mathematics and Variational Analysis

Computational Mathematics and Variational Analysis
Author: Nicholas J. Daras
Publisher: Springer Nature
Total Pages: 564
Release: 2020-06-06
Genre: Mathematics
ISBN: 3030446255

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This volume presents a broad discussion of computational methods and theories on various classical and modern research problems from pure and applied mathematics. Readers conducting research in mathematics, engineering, physics, and economics will benefit from the diversity of topics covered. Contributions from an international community treat the following subjects: calculus of variations, optimization theory, operations research, game theory, differential equations, functional analysis, operator theory, approximation theory, numerical analysis, asymptotic analysis, and engineering. Specific topics include algorithms for difference of monotone operators, variational inequalities in semi-inner product spaces, function variation principles and normed minimizers, equilibria of parametrized N-player nonlinear games, multi-symplectic numerical schemes for differential equations, time-delay multi-agent systems, computational methods in non-linear design of experiments, unsupervised stochastic learning, asymptotic statistical results, global-local transformation, scattering relations of elastic waves, generalized Ostrowski and trapezoid type rules, numerical approximation, Szász Durrmeyer operators and approximation, integral inequalities, behaviour of the solutions of functional equations, functional inequalities in complex Banach spaces, functional contractions in metric spaces.

An Introduction to Hybrid Dynamical Systems

An Introduction to Hybrid Dynamical Systems
Author: Arjan J. van der Schaft
Publisher: Springer
Total Pages: 189
Release: 2007-10-03
Genre: Technology & Engineering
ISBN: 1846285429

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This book is about dynamical systems that are "hybrid" in the sense that they contain both continuous and discrete state variables. Recently there has been increased research interest in the study of the interaction between discrete and continuous dynamics. The present volume provides a first attempt in book form to bring together concepts and methods dealing with hybrid systems from various areas, and to look at these from a unified perspective. The authors have chosen a mode of exposition that is largely based on illustrative examples rather than on the abstract theorem-proof format because the systematic study of hybrid systems is still in its infancy. The examples are taken from many different application areas, ranging from power converters to communication protocols and from chaos to mathematical finance. Subjects covered include the following: definition of hybrid systems; description formats; existence and uniqueness of solutions; special subclasses (variable-structure systems, complementarity systems); reachability and verification; stability and stabilizability; control design methods. The book will be of interest to scientists from a wide range of disciplines including: computer science, control theory, dynamical system theory, systems modeling and simulation, and operations research.

Variational Analysis and Applications

Variational Analysis and Applications
Author: Franco Giannessi
Publisher: Springer Science & Business Media
Total Pages: 1163
Release: 2007-03-06
Genre: Mathematics
ISBN: 0387242767

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This Volume contains the (refereed) papers presented at the 38th Conference of the School of Mathematics "G.Stampacchia" of the "E.Majorana" Centre for Scientific Culture of Erice (Sicily), held in Memory ofG. Stampacchia and J.-L. Lions in the period June 20 - July 2003. The presence of participants from Countries has greatly contributed to the success of the meeting. The School of Mathematics was dedicated to Stampacchia, not only for his great mathematical achievements, but also because He founded it. The core of the Conference has been the various features of the Variational Analysis and their motivations and applications to concrete problems. Variational Analysis encompasses a large area of modem Mathematics, such as the classical Calculus of Variations, the theories of perturbation, approximation, subgradient, subderivates, set convergence and Variational Inequalities, and all these topics have been deeply and intensely dealt during the Conference. In particular, Variational Inequalities, which have been initiated by Stampacchia, inspired by Signorini Problem and the related work of G. Fichera, have offered a very great possibility of applications to several fundamental problems of Mathematical Physics, Engineering, Statistics and Economics. The pioneer work of Stampacchia and Lions can be considered as the basic kernel around which Variational Analysis is going to be outlined and constructed. The Conference has dealt with both finite and infinite dimensional analysis, showing that to carry on these two aspects disjointly is unsuitable for both.