- Title
- Coincidence Point of Edelstein Type Mappings in Fuzzy Metric Spaces and Applications to the Stability of Dynamic Markets
- Creator
- Shukla, Satish
- Creator
- Dubey, Nikita
- Creator
- Shukla, Rahul
- Creator
- Meznik, Ivan
- Description
- In this paper, we prove a coincidence point result for a pair of mappings satisfying Edelstein type contractive condition on fuzzy metric spaces. We describe the equilibrium of a simple demand– supply model of a dynamic market by the coincidence point of demand and supply functions. With the help of the coincidence point theorem in fuzzy metric spaces, it is showed that a dynamic market of a supply-sensitive nature (or demand-sensitive nature) always tends towards its equilibrium.
- Date
- 2023
- Subject
- Edelstein mapping
- Subject
- Fuzzy metric space
- Subject
- Coincidence point
- Subject
- Dynamic market
- Subject
- Demand and supply functions
- Subject
- Sensitivity index
- Subject
- Equilibrium point
- Type
- Article
- Identifier
- http://hdl.handle.net/11260/14398
- Identifier
- vital:79310
- Identifier
- DOI: https://doi.org/10.3390/axioms12090854
- Language
- English
- Relation
- Axioms
- Relation
- Axioms 12 vol 9 issue 1 14 2023 https://doi.org/10.3390/axioms12090854
- Rights
- ©2023, authors
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- Visitors: 19
- Downloads: 4
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View Details Download | SOURCE1 | Coincidence Point of Edelstein.pdf | 430 KB | Adobe Acrobat PDF | View Details Download |