An Elementary Proof of the Knaster-Kuratowski-Mazurkiewicz-Shapley Theorem.

B-Tier
Journal: Economic Theory
Year: 1994
Volume: 4
Issue: 3
Pages: 467-71

Authors (2)

Krasa, Stefan (University of Illinois at Urba...) Yannelis, Nicholas C (not in RePEc)

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

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

Abstract

This note provides an elementary short proof of the Knaster-Kuratowski-Mazurkiewicz-Shapley (K-K-M-S) Theorem based on Brouwer's fixed point theorem. The usefulness of the K-K-M-S Theorem lies in the fact that it can be applied to prove directly Scarf's (1967) Theorem, i.e., any balanced game has a non-empty core. We also show that the K-K-M-S Theorem and the Gale-Nikaido-Debreu Theorem can be proved by the same arguments.

Technical Details

RePEc Handle
repec:spr:joecth:v:4:y:1994:i:3:p:467-71
Journal Field
Theory
Author Count
2
Added to Database
2026-01-25