Best proximity point results on \(\mathcal{R}\)-metric spaces with applications to fractional differential equation and production-consumption equilibrium

Volume 38, Issue 1, pp 45--55 https://dx.doi.org/10.22436/jmcs.038.01.04

Publication Date: November 21, 2024 Submission Date: August 21, 2024 Revision Date: September 25, 2024 Accteptance Date: October 10, 2024

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Authors

G Janardhanan - Department of Mathematics, Saveetha School of Engineering, Saveetha Institute of Medical and Technical Sciences, Chennai, 602105, Tamilnadu, India. G. Mani - Department of Mathematics, Saveetha School of Engineering, Saveetha Institute of Medical and Technical Sciences, Chennai, 602105, Tamilnadu, India. Z. D. Mitrović - Faculty of Electrical Engineering, University of Banja Luka, Patre 5, Banja Luka, 78000, Bosnia and Herzegovina. A. Aloqaily - Department of Mathematics and Sciences, Prince Sultan University Riyadh, 1158, Saudi Arabia. N. Mlaiki - Department of Mathematics and Sciences, Prince Sultan University Riyadh, 1158, Saudi Arabia.

Abstract

In this article, we introduce the notion of best proximity point in \(\mathcal{R}\)-metric space. We prove the best proximity result in \(\mathcal{R}\)-metric space and also given some examples to strengthen our obtained results. Finally, an application to fractional differential equation and an application to production-consumption equilibrium are given.

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Keywords

• Fixed point
• fractional differential equation
• best proximity point
• dynamic market equilibrium problem
• \(\mathcal{R}\)-contraction
• \(\mathcal{R}\)-metric space

MSC

•  54H25
•  47H10
•  54E25

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