Debreu's Gap Theorem

Economic Theory - Tập 2 - Trang 150-152 - 1992
A. F. Beardon1
1Department of Mathematics and Mathematical Statistics, University of Cambridge, Cambridge, UK

Tóm tắt

Debreu's fundamental result on the existence of utility functions that are continuous with respect to the order topology requires his Gap Theorem. A new proof of this result is given.

Tài liệu tham khảo

Bowen, R.: A new proof of a theorem in utility theory. Int. Econ. Rev.9, 374 (1968) Debreu, G.: Representation of a preference ordering by a numerical function. In: Thrall, Coombs, Davis (eds.) Decision processes. New York: Wiley 1954 Debreu, G.: Continuity properties of Paretian utility. Int. Econ. Rev.5, 285–293 (1964) Mehta, G.: Recent developments in utility theory. Ind. Econ. J.30, 103–124 (1983) Newman, M.H.A.: Elements of the topology of plane sets of points, 2nd. edn. Cambridge: Cambridge University Press 1964