A Class of Quasi-Variational Inequalities with Unbounded Constraint Maps: Existence Results and Applications

Abstract

The quasi-variational inequalities play a significant role in analyzing a wide range of real-world problems. However, these problems are more complicated to solve than variational inequalities as the constraint set is based on the current point. We study a class of quasi-variational inequality problems whose specific structure is beneficial in finding some of its solutions by solving a corresponding variational inequality problem. Based on the classical existence theorem for variational inequalities, our main results ensure the occurrence of solutions for the aforementioned class of quasi-variational inequalities in which the associated constraint maps are (possibly) unbounded. We employ a coercivity condition which plays a crucial role in obtaining these results. Finally, we apply our existence results to ensure the occurrence of equilibrium for the pure exchange economic problems and the jointly convex generalized Nash games.