A fixed point theorem with application to abstract economy (Q2789182)

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scientific article; zbMATH DE number 6546507
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A fixed point theorem with application to abstract economy
scientific article; zbMATH DE number 6546507

    Statements

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    26 February 2016
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    l.c.-space
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    KKM theorem
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    equilibrium
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    \(\mathcal{U}_{\theta}\)-majorized mapping
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    A fixed point theorem with application to abstract economy (English)
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    In this paper, the authors prove, via a suitable KKM theorem, a new fixed point theorem on an l.c.-space \((X,\mathcal U,\mathcal B)\), thereby providing a general version of a result due to \textit{C. D. Horvath} [J. Math. Anal. Appl. 156, No. 2, 341--357 (1991; Zbl 0733.54011)]. Next, as an application, they establish their main existence theorem for noncompact abstract economies \(\Omega:=(X_\alpha, A_\alpha, B_\alpha, P_\alpha)_{\alpha\in I}\) involving \(\mathcal U_\theta\)-majorized set-valued mappings; the number of agents is possibly infinite, and \(X:=\prod_{\alpha\in I}X_{\alpha}\).
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