Non-existence of continuous choice functions
نویسندگان
چکیده
Let X be a compact, or path-connected, metric space whose topological dimension is at least 2. We show that there does not exist a continuous choice function (i.e., single-valued choice correspondence) defined on the collection of all finite feasible sets in X. Not to be void of content, therefore, a revealed preference theory in the context of most infinite consumption spaces must either relinquish the fundamental continuity property or allow for multi-valued choice correspondences. © 2014 Published by Elsevier Inc. JEL classification: D11; D81
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ورودعنوان ژورنال:
- J. Economic Theory
دوره 153 شماره
صفحات -
تاریخ انتشار 2014