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Preferences Which Have Open Graphs

Ted Bergstrom (), Robert Parks () and Trout Rader
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Trout Rader: Washington University, St. Louis

No 1976B, University of California at Santa Barbara, Economics Working Paper Series from Department of Economics, UC Santa Barbara

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 (search for similar items in EconPapers)
Date: 1976-01-21
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