Separately Convex and Separately Continuous Preferences: On Results of Schmeidler, Shafer, and Bergstrom-Parks-Rader

Metin Uyanık, Aniruddha Ghosh and M. Khan

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Abstract: We provide necessary and sufficient conditions for a correspondence taking values in a finite-dimensional Euclidean space to be open so as to revisit the pioneering work of Schmeidler (1969), Shafer (1974), Shafer-Sonnenschein (1975) and Bergstrom-Rader-Parks (1976) to answer several questions they and their followers left open. We introduce the notion of separate convexity for a correspondence and use it to relate to classical notions of continuity while giving salience to the notion of separateness as in the interplay of separate continuity and separate convexity of binary relations. As such, we provide a consolidation of the convexity-continuity postulates from a broad inter-disciplinary perspective and comment on how the qualified notions proposed here have implications of substantive interest for choice theory.

Date: 2023-09
New Economics Papers: this item is included in nep-mic
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