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Tucker's well-known combinatorial lemma states that for any given symmetric triangulation of the n-dimensional unit cube and for any integer labeling that assigns to each vertex of the triangulation a label from the set {1,2,...n,-1,-2,....-n} with the property that antipodal vertices on the...
Persistent link: https://www.econbiz.de/10005144416
This paper examines an exchange economy with heterogeneous indivisible objects that can be substitutable or complementary. We show that a competitive equilibrium exists in such economies, provided that all the objects can be partitioned into two groups, and from the viewpoint of each agent,...
Persistent link: https://www.econbiz.de/10005231610
It is well known that an upper semi-continuous compact- and convex-valued mapping fi from a nonempty compact and convex set X to the Euclidean space of which X is a subset has at least one stationary point, being a point in X at which the image fi(x) has a nonempty intersection with the normal...
Persistent link: https://www.econbiz.de/10005344703
We establish a discrete multivariate mean value theorem for the class of positive maximum component sign preserving functions. A constructive and combinatorial proof is given based upon a simplicial algorithm and vector labeling. Moreover, we apply this theorem to a discrete nonlinear...
Persistent link: https://www.econbiz.de/10005152030
Persistent link: https://www.econbiz.de/10005159567
In this paper we prove the following fixed point theorem. Consider a non-empty bounded polyhedron P and a function ƒ : P → P such that for every x є P for which ƒ (x) ≠ x there exists δ 0 such that for all y, z є B (x, δ) ∩ P it holds that (ƒ(y)-y)2 (ƒ(z)-z) ≤ 0, where B (x, δ)...
Persistent link: https://www.econbiz.de/10005304805
Let X be a non-empty, compact, convex set in R and an upper semi-continuous mapping from X to the collection of non-empty, compact, convex subsets in R. Its is well knwon that such a mapping has a stationary point in X, i.e. there exists a point in X satisfying that its image under has a...
Persistent link: https://www.econbiz.de/10005304965
A number of heterogeneous items are to be sold to several bidders. Each bidder demands at most one item. The price of each item is not completely flexible but restricted to some admissible interval. Due to price rigidities, a Walrasian equilibrium usually fails to exist. To facilitate the...
Persistent link: https://www.econbiz.de/10005307342
Persistent link: https://www.econbiz.de/10005307601
<I>Abstract</I><p> See document.<p>
Persistent link: https://www.econbiz.de/10005209454