Intersection Theorems with a Continuum of Intersection Points

Autor: P.J.J. Herings, A.J.J. Talman
Přispěvatelé: Research Group: Economics, Research Group: Operations Research
Rok vydání: 1998
Předmět:
Zdroj: Journal of Optimization Theory and Applications, 96(2), 311-335. SPRINGER/PLENUM PUBLISHERS
ISSN: 1573-2878
0022-3239
DOI: 10.1023/a:1022618130893
Popis: In all existing intersection theorems, conditions are given under which a certain subset of a collection of sets has a nonempty intersection. In this paper, conditions are formulated under which the intersection is a continuum of points satisfying some interesting topological properties. In this sense, the intersection theorems considered in this paper belong to a new class. The intersection theorems are formulated on the unit cube and it is shown that both the vector of zeroes and the vector of ones lie in the same component of the intersection. An interesting application concerns the model of an economy with price rigidities. Using the intersection theorems of this paper, it is easily shown that there exists a continuum of zero points in such a model. The intersection theorems treated give a generalization of the well-known lemmas of Knaster, Kuratowski, and Mazurkiewicz (Ref. 1), Scarf (Ref. 2), Shapley (Ref. 3), and Ichiishi (Ref. 4). Moreover, the results can be used to sharpen the usual formulation of the Scarf lemma on the cube.
Databáze: OpenAIRE