Related papers: Tropical Analysis: With an Application to Indivisi…
We prove comparison principles for nonlinear potential theories in euclidian spaces in a very straightforward manner from duality and monotonicity. We shall also show how to deduce comparison principles for nonlinear differential operators,…
In this paper we are concerned with a Gordan-type theorem involving an arbitrary number of inequality functions. We not only state its validity under a weak convexity assumption on the functions, but also show it is an optimal result. We…
We present some recent advances in the productive and symbiotic interplay between general potential theories (subharmonic functions associated to closed subsets $\mathcal{F} \subset \mathcal{J}^2(X)$ of the 2-jets on $X \subset…
General potential theories concern the study of functions which are subharmonic with respect to a suitable constraint set (called a subequation) in the space of 2-jets. While interesting in their own right, general potential theories are…
We examine the duality theory for a class of non-convex functions obtained by composing a convex function with a continuous one. Using Fenchel duality, we derive a dual problem that satisfies weak duality under general assumptions. To…
We introduce a notion of substitutability for correspondences and establish a monotone comparative static result, unifying results such as the inverse isotonicity of M-matrices, Berry, Gandhi and Haile's identification of demand systems,…
In this paper we consider quasilinear elliptic equations with double phase phenomena and a reaction term depending on the gradient. Under quite general assumptions on the convection term we prove the existence of a weak solution by applying…
Discrete Fenchel duality is one of the central issues in discrete convex analysis. The Fenchel-type min-max theorem for a pair of integer-valued M-natural-convex functions generalizes the min-max formulas for polymatroid intersection and…
We establish a variant of Monge--Kantorovich duality for a constrained optimal transport problem with a continuum of agents, a finite set of alternatives, and general linear constraints. As an application, we revisit the large-market model…
We study the convex duality method for robust utility maximization in the presence of a random endowment. When the underlying price process is a locally bounded semimartingale, we show that the fundamental duality relation holds true for a…
This paper investigates general and generalized differentiation properties of the optimal value function associated with perturbed optimization problems. Fundamental results on nearly convex sets and functions in infinite-dimensional spaces…
We show that, with indivisible goods, the existence of competitive equilibrium fundamentally depends on agents' substitution effects, not their income effects. Our Equilibrium Existence Duality allows us to transport results on the…
This paper develops a theory of competitive equilibrium with indivisible goods based entirely on economic conditions on demand. The key idea is to analyze complementarity and substitutability between bundles of goods, rather than merely…
An Independent Parallelism Theorem is proven in the theory of adhesive HLR categories. It shows the bijective correspondence between sequential independent and parallel independent direct derivations in the Weak Double-Pushout framework,…
In a recent and ongoing work, Baldwin and Klemperer explored a connection between tropical geometry and economics. They gave a sufficient condition for the existence of competitive equilibrium in product-mix auctions of indivisible goods.…
We discuss the asymmetric sandwich theorem, a generalization of the Hahn-Banach theorem. As applications, we derive various results on the existence of linear functionals that include bivariate, trivariate and quadrivariate generalizations…
In this article, we investigate the Variational Principle and develop thermodynamic formalism for correspondences. We define the measure-theoretic entropy for transition probability kernels and topological pressure for correspondences.…
We establish a rigorous duality theory, under No Unbounded Profit with Bounded Risk, for an infinite horizon problem of optimal consumption in the presence of an income stream that can terminate randomly at an exponentially distributed…
We study a class of quasi-variational inequality problems defined over infinite dimensional Banach space and deduce sufficient conditions for ensuring solutions to such problems under the upper semi-continuity and pseudomonotonicity…
We consider the entropy of sums of independent discrete random variables, in analogy with Shannon's Entropy Power Inequality, where equality holds for normals. In our case, infinite divisibility suggests that equality should hold for…