Non-existence of continuous choice functions

A-Tier
Journal: Journal of Economic Theory
Year: 2014
Volume: 153
Issue: C
Pages: 376-391

Authors (2)

Nishimura, Hiroki (not in RePEc) Ok, Efe A. (New York University (NYU))

Score contribution per author:

2.011 = (α=2.01 / 2 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Let X be a compact, or path-connected, metric space whose topological dimension is at least 2. We show that there does not exist a continuous choice function (i.e., single-valued choice correspondence) defined on the collection of all finite feasible sets in X. Not to be void of content, therefore, a revealed preference theory in the context of most infinite consumption spaces must either relinquish the fundamental continuity property or allow for multi-valued choice correspondences.

Technical Details

RePEc Handle
repec:eee:jetheo:v:153:y:2014:i:c:p:376-391
Journal Field
Theory
Author Count
2
Added to Database
2026-01-26