Abstract

In this paper we are concerned with a class of mathematical problems that arise when modeling dynamic competition among conflicting agents may reach a dynamic equilibrium. We call this class of problems differential variational inequalities. We present a numerical method to solve differential variational inequalities, so-called the fixed point algorithm very briefly. We are further interested in the application of models belonging to this class of problems to the study of problems appearing in service management. As an example, we introduce a dynamic pricing model in service providers' competition.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.