Equivalence between the Existence of an Approximate Equilibrium in a Competitive Economy and Sperner's Lemma: A Constructive Analysis
Keyword(s):
Brouwer's fixed point theorem cannot be constructively proved, so the existence of an equilibrium in a competitive economy also cannot be constructively proved. On the other hand, Sperner's lemma which is used to prove Brouwer's theorem is constructively proved. Some authors have presented a constructive (or an approximate) version of Brouwer's fixed point theorem using Sperner's lemma. In this paper, I prove the existence of an approximate equilibrium in a competitive economy directly by Sperner's lemma. Also I show that the existence of an approximate equilibrium leads to Sperner's lemma. I follow the Bishop style constructive mathematics according to Bishop and Bridges (1985), Bridges and Richman (1987), and Bridges and Vîţă (2006).
2021 ◽
Vol 8
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2004 ◽
Vol 338
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pp. 673-678
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1957 ◽
Vol 9
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pp. 105-109
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1975 ◽
Vol 49
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pp. 710-712
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2021 ◽
Vol 66
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pp. 49-69