The purpose of this paper is to prove new existence theorems of equilibria in generalized SSC without assuming the interior condition of the state correspondence nor the strong continuity assumption on agent's preference correspondence by using the Fan-Glicksberg fixed-point theorem, and also give s
Existence of generalized equilibria
β Scribed by Bernard Cornet; Marc-Olivier Czarnecki
- Publisher
- Elsevier Science
- Year
- 2001
- Tongue
- English
- Weight
- 183 KB
- Volume
- 44
- Category
- Article
- ISSN
- 0362-546X
No coin nor oath required. For personal study only.
β¦ Synopsis
belong to R n , we denote (x | y) = n i=1 x i y i , the scalar product of
the sum of the sets X and Y; B(X; r) = X + B(0; r); B(X; r) = X + B(0; r); cl X , the closure of X , int X , the interior of X; bd X = cl X \ int X , the boundary of X; X β’ = {y β R n |βx β X; (y | x) β€ 0}, the negative polar cone of X; co X , the convex hull of X . A map f : X β R is locally Lipschitzian if, for every x β X , there is ΒΏ 0 and L ΒΏ 0 such that f(x 1 ) -f(x 2 ) β€ L x 1 -x 2 for every x 1 and x 2 in B(x; ). If F is a correspondence from X to R n , its graph, denoted by G(F), is deΓΏned by G(F) = {(x; y) β X Γ R n | y β F(x)}.
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