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A unified view of the existence of maximals

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  • Quartieri, Federico

Abstract

The paper examines the conditions for the existence of maximals of a relation on every nonempty compact subset of its ground set. A preliminary analysis shows that the existence of maximals of a Suzumura-consistent relation is implied by the existence of maximals of the right trace of its transitive closure. Building on this fact, various theorems of the literature are unified by identifying a common topological property of their assumptions that concerns the right trace of the transitive closure of the objective relation. Next, a generalization is provided so as to accommodate some cases of interest to economics. Finally, a necessary and sufficient condition is presented for the existence of maximals on every nonempty compact subset of the ground set of a relation.

Suggested Citation

  • Quartieri, Federico, 2022. "A unified view of the existence of maximals," Journal of Mathematical Economics, Elsevier, vol. 99(C).
    • Handle: RePEc:eee:mateco:v:99:y:2022:i:c:s0304406821001634
    DOI: 10.1016/j.jmateco.2021.102609
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