We establish a discrete multivariate mean value theorem for the class of positive maximum component sign preserving functions. A constructive and combinatorial proof is given based upon a simplicial algorithm and vector labeling. Moreover, we apply this theorem to a discrete nonlinear complementarity problem and an economic equilibrium problem with indivisibilities and show the existence of solution in both problems under certain mild conditions.
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Paper provided by Tilburg University, Center for Economic Research in its series Discussion Paper with number
106.
Find related papers by JEL classification: C61 - Mathematical and Quantitative Methods - - Mathematical Methods and Programming - - - Optimization Techniques; Programming Models; Dynamic Analysis C62 - Mathematical and Quantitative Methods - - Mathematical Methods and Programming - - - Existence and Stability Conditions of Equilibrium C68 - Mathematical and Quantitative Methods - - Mathematical Methods and Programming - - - Computable General Equilibrium Models C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
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