Dynamic Equilibria with Nonsmooth Utilities and Stocks: An L∞ Differential GQVI Approach

We develop a comprehensive dynamic Walrasian framework entirely in L ∞ so that prices and allocations are essentially bounded, and market clearing holds pointwise almost everywhere. Utilities are allowed to be locally Lipschitz and quasi-concave; we employ Clarke subgradients to derive generalized quasi-variational inequalities (GQVIs). We endogenize inventories through a capital-accumulation constraint, leading to a differential QVI (dQVI). Existence is proved under either strong monotonic...

Reverse Mortgages and Pension Sustainability: An Agent-Based and Actuarial Approach

Population aging poses significant challenges to the sustainability of pension systems. This study presents an integrated methodological approach that uniquely combines actuarial life-cycle modeling with agent-based simulation to assess the potential of Reverse Mortgage Loans (RMLs) as a dual lever for enhancing retiree welfare and supporting pension system resilience under demographic and financial uncertainty. We explore Reverse Mortgage Loans (RMLs) as a potential financial instrument to s...

Un viaggio letterario intorno al potere: a partire dalle Fenicie di Euripide

Effectiveness of Intraoperative Facial Nerve Monitoring in Submandibular Gland Surgery: A Retrospective Study of a Single Institution

Background: Intraoperative facial nerve monitoring (IFNM) is becoming increasingly prevalent as an established intraoperative aid in parotid gland surgery. To date, however, there are few scientific studies on the postoperative outcomes of submandibular gland surgery, particularly on the postoperative injury of the marginalis mandibulae branch (MMB) of the facial nerve (FN). This branch represents the most frequent and feared complication of this surgery, with an incidence of 1-7% of cases. O...