No bullying! A playful proof of Brouwer’s fixed-point theorem
Henrik Petri and
Mark Voorneveld
Journal of Mathematical Economics, 2018, vol. 78, issue C, 1-5
Abstract:
We give an elementary proof of Brouwer’s fixed-point theorem. The only mathematical prerequisite is a version of the Bolzano–Weierstrass theorem: a sequence in a compact subset of n-dimensional Euclidean space has a convergent subsequence with a limit in that set. Our main tool is a ‘no-bullying’ lemma for agents with preferences over indivisible goods. What does this lemma claim? Consider a finite number of children, each with a single indivisible good (a toy) and preferences over those toys. Let us say that a group of children, possibly after exchanging toys, could bully some poor kid if all group members find their own current toy better than the toy of this victim. The no-bullying lemma asserts that some group S of children can redistribute their toys among themselves in such a way that all members of S get their favorite toy from S, but they cannot bully anyone.
Keywords: Brouwer; Fixed point; Indivisible goods; KKM lemma; Top trading cycles (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (1)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:mateco:v:78:y:2018:i:c:p:1-5
DOI: 10.1016/j.jmateco.2018.07.001
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