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This chapter presents a summary of recent results obtained in game and social choice theories, and highlights the application and the development of tools in algebraic topology. The purpose is expository: no attempt is made to provide complete proofs, for which references are given, nor to...
Persistent link: https://www.econbiz.de/10005789359
The study of the local characteristics of equilibrium positions generated by the constrained maximization of some criterion functions (such as utility, profit, cost, etc.) goes back to Antonelli's paper [2] of 1886. Certain local properties have been proved to be particularly fruitful for...
Persistent link: https://www.econbiz.de/10005617056
A generalization of the theorem of V. Bargmann concerning unitary and ray representations is obtained and is applied to the general problem of lifting group actions associated to the extension of structure of a bundle. In particular this is applied to the Poincare group 'P' of a Lorentz manifold...
Persistent link: https://www.econbiz.de/10005619514
90 Classical problems in economics are concerned with the solutions of several simultaneous nonlinear optimization problems, one for each consumer or producer, all facing constraints posed by the scarcity of resources. Often their interests conflict, and it is generally impossible to find a...
Persistent link: https://www.econbiz.de/10005621494
The problem of endowing preferences with manifold structures emerged from discussions with Gerard Debreu in 1975 . Time has shown that such structures can be useful in understanding the behavior of economic systems . In Chichilnisky (1976) spaces of smooth preferences were endowed with a Hilbert...
Persistent link: https://www.econbiz.de/10005623317