In economics, the Debreu's theorems are preference representation theorems—statements about the representation of a preference ordering by a real-valued...
14 KB (2,667 words) - 08:37, 11 March 2024
Examples are Von Neumann–Morgenstern utility theorem and Debreu's representation theorems. Classification theorem – Describes the objects of a given type,...
6 KB (701 words) - 12:07, 7 April 2025
This is a list of notable theorems. Lists of theorems and similar statements include: List of algebras List of algorithms List of axioms List of conjectures...
78 KB (6,289 words) - 12:34, 6 June 2025
There are two fundamental theorems of welfare economics. The first states that in economic equilibrium, a set of complete markets, with complete information...
35 KB (5,579 words) - 00:17, 4 September 2024
In economics, a utility representation theorem shows that, under certain conditions, a preference ordering can be represented by a real-valued utility...
19 KB (2,747 words) - 22:42, 22 May 2025
January 2005). "Gerard Debreu, 83, Dies; Won Nobel in Economics". The New York Times. Düppe, Till (Fall 2012). "Gerard Debreu's secrecy: his life in order...
30 KB (2,475 words) - 17:11, 24 May 2025
such as a minimum wage. Debreu's representation theorems A set of preference representation theorems proved by Gerard Debreu. They specify some conditions...
229 KB (25,481 words) - 04:10, 25 May 2025
nonconvexities in preferences do not destroy the standard results of, say Debreu's theory of value. In the same way, if indivisibilities in the production...
50 KB (6,213 words) - 04:56, 10 March 2025
Shapley–Folkman lemma (redirect from Shapley-Folkman theorem)
large numbers, a central limit theorem, and a large-deviations principle. These proofs of probabilistic limit theorems used the Shapley–Folkman–Starr...
84 KB (10,580 words) - 22:27, 10 June 2025
Brouwer's fixed point theorem." Duke Mathematical Journal (1941): 457–459. doi:10.1215/S0012-7094-41-00838-4 "Concrete representation of abstract (L)-spaces...
6 KB (469 words) - 16:08, 3 May 2025
Ordinal utility (redirect from Cardinal representation of ordinal relation)
the number of shoes and socks that an agent has, and vice versa. By Debreu's theorem, if all subsets of commodities are preferentially independent of their...
23 KB (3,953 words) - 10:12, 2 June 2025
Welfare economics (section Fundamental theorems)
collapsed since the discovery of Arrow's impossibility theorem and utility representation theorems have shown them to be mathematically self-contradictory...
32 KB (3,197 words) - 14:15, 24 May 2025
the Basic Theorems of Classical Welfare Economics" (1951); G. Debreu, "The Coefficient of Resource Utilization" (1951). K. Arrow and G. Debreu, "Existence...
28 KB (4,001 words) - 16:36, 4 February 2024
now known as the von Neumann–Morgenstern utility theorem; many similar utility representation theorems exist in other contexts. In 1738, Daniel Bernoulli...
37 KB (4,652 words) - 17:24, 24 May 2025
Kenji; Nakamura, Masataka; Okamoto, Yoshio (2005), "The affine representation theorem for abstract convex geometries", Computational Geometry, 30 (2):...
58 KB (7,147 words) - 10:40, 31 May 2025
methodology of fixed point theorems is underscored by the awarding of Nobel prizes in 1972 to Kenneth Arrow, in 1983 to Gérard Debreu, and in 1994 to John Nash...
208 KB (23,689 words) - 05:33, 15 June 2025
become illuminated by this new set of mathematical theorems, to replace the old theorems of Arrow–Debreu and Lange–Lerner (pp. 4–6, 231–32)." Stiglitz mentions...
6 KB (731 words) - 15:24, 14 June 2025
"Hicks–Hansen model". An Eponymous Dictionary of Economics: A Guide to Laws and Theorems Named after Economists. Edward Elgar. ISBN 978-1-84376-029-0. Romer, David...
29 KB (3,743 words) - 03:52, 25 May 2025
statistics. In mathematical statistics, Wold contributed the Cramér–Wold theorem characterizing the normal distribution and developed the Wold decomposition...
13 KB (1,160 words) - 21:00, 22 March 2025
terms, as in formulation of the two fundamental theorems of welfare economics and in the Arrow–Debreu model of general equilibrium (also discussed below)...
114 KB (10,736 words) - 01:39, 23 April 2025
incomplete markets are markets in which there does not exist an Arrow–Debreu security for every possible state of nature. In contrast with complete markets...
10 KB (1,330 words) - 20:58, 20 January 2023
JSTOR 1912511. Milgrom, Paul (1981c). "Good News and Bad News: Representation Theorems and Applications". Bell Journal of Economics. 12 (2): 380–91. CiteSeerX 10...
102 KB (13,081 words) - 18:10, 9 June 2025
where the supply and demand curves intersect. The Sonnenschein–Mantel–Debreu theorem shows that the standard model cannot be rigorously derived in general...
166 KB (18,276 words) - 21:03, 31 May 2025
perfected it in his 1951 book "Social Choice and Individual Values". Gérard Debreu, influenced by the ideas of the Bourbaki group, championed the axiomatization...
36 KB (4,785 words) - 07:34, 9 June 2025
With the above relationship established, the further specialized Arrow–Debreu model may be derived. This result suggests that, under certain economic...
125 KB (11,978 words) - 05:42, 25 May 2025
Daniel (October 1, 1992). "Advances in prospect theory: Cumulative representation of uncertainty". Journal of Risk and Uncertainty. 5 (4): 297–323. doi:10...
92 KB (7,704 words) - 03:33, 5 June 2025
Brownian motion Cameron–Martin theorem Feynman–Kac formula Girsanov's theorem Itô's lemma Martingale representation theorem Radon–Nikodym derivative Stochastic...
69 KB (5,713 words) - 12:38, 5 June 2025
for estimating the utility functions of human subjects. Debreu, Gérard (1954), "Representation of a preference ordering by a numerical function", in Thrall...
34 KB (4,607 words) - 07:15, 25 May 2025
solution can also be found in polytime.: Thm.6.5.14 Note that the above theorems do not require an assumption of full-dimensionality or a lower bound on...
26 KB (3,992 words) - 02:16, 27 May 2025
durable, form, which is convenient. Paper money is, in this model, a representation of gold or silver, almost without value of its own but held in circulation...
53 KB (6,497 words) - 15:59, 10 June 2025