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An extreme simple proof of the K-K-M-S Theorem.

Authors :
Herings, P. Jean-Jacques
Source :
Economic Theory; 1997, Vol. 10 Issue 2, p361-367, 7p, 2 Diagrams
Publication Year :
1997

Abstract

An extremely simple proof of the K-K-M-S Theorem is given involving only Brouwer's fixed point theorem and some elementary calculus. A function is explicitly given such that a fixed point of it yields an intersection point of a balanced collection of sets together with balancing weights. Moreover, any intersection point of a balanced collection of sets together with balancing weights corresponds to a fixed point of the function. Furthermore, the proof can be used to show π-balanced versions of the K-K-M-S Theorem, with π-balancedness as introduced in Billera (1970). The proof makes clear that the conditions made with respect to π by Billera can be even weakened. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
09382259
Volume :
10
Issue :
2
Database :
Complementary Index
Journal :
Economic Theory
Publication Type :
Academic Journal
Accession number :
4539511
Full Text :
https://doi.org/10.1007/s001990050161