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Operations Research Letters
Article . 2008 . Peer-reviewed
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A Fixed Point Theorem for Discontinuous Functions

A fixed point theorem for discontinuous functions
Authors: P. Jean-Jacques Herings; Gerard van der Laan; Dolf Talman; Zaifu Yang;

A Fixed Point Theorem for Discontinuous Functions

Abstract

In this paper we prove the following fixed point theorem. Consider a non-empty bounded polyhedron P and a function f from P to P such that for every x in P with f(x) not equal to x there is a ball in P around x such that the inner product of f(y)-y and f(z)-z is nonnegative for any two elements y and z in the ball. Then f has a fixed point. The condition allows for various discontinuities and irregularities of the function. In case f is a continuous function, the condition is automatically satisfied and thus the Brouwer fixed point theorem is implied by the result. We illustrate that a function that satisfies the condition is not necessarily upper or lower semi-continuous. A game-theoretic application is also discussed.

Country
Netherlands
Keywords

Numerical optimization and variational techniques, Gleichgewicht, discontinuity, equilibrium, Noncooperative games, SDG 17 - Partnerships for the Goals, Fixed-point theorems, Cooperative games, Mathematische Ökonomie, ddc:330, simplicial subdivision, discontinuous games, Fixed point, mathematical economics and econometrics ;, Fixed point;simplicial subdivision;discontinuity;equilibrium, Fixed point; simplicial subdivision; discontinuity; equilibrium, C62, C63, fixed point, Theorie, jel: jel:C63, jel: jel:C62

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
9
Average
Top 10%
Top 10%
hybrid