Existence of a semicontinuous or continuous utility function: a unified approach and an elementary proof


Autoria(s): Bosi, G; Mehta, GB
Contribuinte(s)

Cornet

B.

Geanakoplos

J.

Data(s)

01/01/2002

Resumo

In this paper, we present a new unified approach and an elementary proof of a very general theorem on the existence of a semicontinuous or continuous utility function representing a preference relation. A simple and interesting new proof of the famous Debreu Gap Lemma is given. In addition, we prove a new Gap Lemma for the rational numbers and derive some consequences. We also prove a theorem which characterizes the existence of upper semicontinuous utility functions on a preordered topological space which need not be second countable. This is a generalization of the classical theorem of Rader which only gives sufficient conditions for the existence of an upper semicontinuous utility function for second countable topological spaces. (C) 2002 Elsevier Science B.V. All rights reserved.

Identificador

http://espace.library.uq.edu.au/view/UQ:61661

Idioma(s)

eng

Publicador

Elsevier

Palavras-Chave #Mathematics, Interdisciplinary Applications #Economics #Social Sciences, Mathematical Methods #Utility Function #Preordered Bitopological Space #Generalized Urysohn System #Decreasing Scale #Commodities #Equilibria #Economies #C1 #340103 Mathematical Economics #720202 Consumption
Tipo

Journal Article