A Representation Theorem for Riesz Spaces and Its Applications to Economics.

B-Tier
Journal: Economic Theory
Year: 1995
Volume: 5
Issue: 3
Pages: 527-35

Authors (3)

Abramovich, Y A (not in RePEc) Aliprantis, C D (not in RePEc) Zame, W R (University of California-Los A...)

Score contribution per author:

0.670 = (α=2.01 / 3 authors) × 1.0x B-tier

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

Abstract

We show that a Dedekind complete Riesz space which contains a weak unit e and admits a strictly positive order continuous linear functional can be represented as a subspace of the space L(subscript "1") of integrable functions on a probability measure space in such a way that the order ideal generated by e is carried onto L(subscript "infinity"). As a consequence, we obtain a characterization of abstract M-spaces that are isomorphic to concrete L(subscript "infinity")-spaces. Although these results are implicit in the literature on representation of Riesz spaces, they are not available in this form. This research is motivated by, and has applications in, general equilibrium theory in infinite dimensional spaces.

Technical Details

RePEc Handle
repec:spr:joecth:v:5:y:1995:i:3:p:527-35
Journal Field
Theory
Author Count
3
Added to Database
2026-01-29