The Debreu Gap Lemma and some generalizations

In this paper we study the Debreu Gap Lemma and its generalizations to totally ordered sets more general than ( R,≤) . We explain why it is important in economics to study utility functions which may not be real-valued and we build the foundations of a theory of continuity of such generalized utilit...

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Veröffentlicht in:Journal of mathematical economics 2004-11, Vol.40 (7), p.747-769
Hauptverfasser: Herden, G., Mehta, G.B.
Format: Artikel
Sprache:eng
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Zusammenfassung:In this paper we study the Debreu Gap Lemma and its generalizations to totally ordered sets more general than ( R,≤) . We explain why it is important in economics to study utility functions which may not be real-valued and we build the foundations of a theory of continuity of such generalized utility functions.
ISSN:0304-4068
1873-1538
DOI:10.1016/j.jmateco.2003.06.002