Fatou's lemma, Galerkin approximations and the existence of Walrasian equilibria in infinite dimensions

zbMATH Open1406.91239arXiv1610.04776MaRDI QIDQ4589182FDOQ4589182

Authors: M. Ali Khan, Nobusumi Sagara 

Publication date: 9 November 2017

Abstract: This essay has three objectives: (i) to report recent generalizations of Fatou's lemma to multi-functions taking values in a Banach space, and framed in terms of both Bochner and Gelfand integration; (ii) to delineate the importance of Galerkin approximations in Walrasian general equilibrium theory with a continuum of agents and commodities; and thereby (iii) to present two new results on the existence of a Walrasian equilibrium in economies where the continuum of agents is formalized as a saturated measure space.

Full work available at URL: https://arxiv.org/abs/1610.04776

Recommendations

• Fatou's lemma for unbounded Gelfand integrable mappings
• Fatou's lemma for Gelfand integrable mappings
• An exact Fatou lemma for Gelfand integrals: a characterization of the Fatou property
• A general Fatou lemma
• On the existence of equilibria in economies with an infinite dimensional commodity space

zbMATH Keywords

Galerkin approximationLyapunov convexity theoremBochner integralFatou's lemmaGelfand integralsaturated measure spacecontinuum of agentscontinuum of commoditiesWalrasian general equilibrium theory

Mathematics Subject Classification ID

Vector-valued set functions, measures and integrals (28B05) Spaces of measurable functions ((L^p)-spaces, Orlicz spaces, Köthe function spaces, Lorentz spaces, rearrangement invariant spaces, ideal spaces, etc.) (46E30) General equilibrium theory (91B50) Set-valued set functions and measures; integration of set-valued functions; measurable selections (28B20) Numerical methods for ill-posed problems for boundary value problems involving PDEs (65N20)

Cited In (5)

• Equilibria in reflexive Banach lattices with a continuum of agents
• Equilibria in a large production economy with an infinite dimensional commodity space and price dependent preferences
• An exact Fatou lemma for Gelfand integrals: a characterization of the Fatou property
• Fatou's lemma for unbounded Gelfand integrable mappings
• Relaxation and purification for nonconvex variational problems in dual Banach spaces: the minimization principle in saturated measure spaces

This page was built for publication: Fatou's lemma, Galerkin approximations and the existence of Walrasian equilibria in infinite dimensions

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q4589182)