Article
Preferences Which Have Open Graphs
Department of Economics, UCSB
(1976)
Abstract
Gale and Mas-Collel and Shafer and Sonnenschein introduced powerful new theorems on the existence of competitive equilibrium which used the assumption that the graph of the strict preference relation P is an open set. We show when this condition is satisfied and when it is not.
Keywords
- open graph preferences,
- continuity,
- existence of equilibrium
Disciplines
Publication Date
January, 1976
Citation Information
Ted Bergstrom, Robert Parks and Trout Rader. "Preferences Which Have Open Graphs" Department of Economics, UCSB Vol. 3 (1976) Available at: http://works.bepress.com/ted_bergstrom/1/