Bergstrom-Walker Theorem
Appearance
This article has multiple issues. Please help improve it or discuss these issues on the talk page. (Learn how and when to remove these messages)
|
Bergstrom-Walker Theorem is a result in economics which state that for a lower semi-continuous and acyclic preference ordering on a compact budget set one can always find a maximal element.[1][2]
- ↑ Alcantud, J.C. R. (2002-02-01). "Characterization of the existence of maximal elements of acyclic relations". Economic Theory. 19 (2): 407–416. doi:10.1007/PL00004219. ISSN 1432-0479.
- ↑ Campbell, Donald E; Walker, Mark (April 1990). "Maximal elements of weakly continuous relations". Journal of Economic Theory. 50 (2): 459–464. doi:10.1016/0022-0531(90)90013-A. ISSN 0022-0531.