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Coupled Fixed Points for Hardy-Rogers Type of Maps and Their Applications in the Investigations of Market Equilibrium in Duopoly Markets for Non-Differentiable, Nonlinear Response Functions

2021-09-09 · S. Kabaivanov, V. Zhelinski, B. Zlatanov

In this paper we generalize Hardy-Rogers maps in the context of coupled fixed points. We generalizes with the help of the obtained main theorem some known results about existence and uniqueness of market equilibrium in duopoly markets. We investigate some recent results about market equilibrium in duopoly markets with the help of the main theorem and we enrich them. We define a generalized response function including production and surpluses. Finally we illustrate a possible application of the main result in the investigation of market equilibrium, when the pay off functions are non differentiable.

📄 PDF Abstract BibTeX arXiv:2110.01496

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