On the existence of maximal elements: An impossibility theorem
AbstractMost properties of binary relations considered in the decision literature can be expressed as the impossibility of certain ``configurations.'' There exists no condition of this form which would hold for a binary relation on a subset of a finite-dimensional Euclidean space if and only if the relation admits a maximal element on every nonempty compact subset of its domain.
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Bibliographic InfoPaper provided by EconWPA in its series Game Theory and Information with number 0509004.
Length: 7 pages
Date of creation: 28 Sep 2005
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Note: Type of Document - pdf; pages: 7
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Binary relation; Maximal element; Necessary and sufficient condition; Potential games;
Find related papers by JEL classification:
- D70 - Microeconomics - - Analysis of Collective Decision-Making - - - General
This paper has been announced in the following NEP Reports:
- NEP-ALL-2005-10-04 (All new papers)
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