Discrete Fixed-point Theorem
In discrete mathematics, a discrete fixed-point is a fixed-point for functions defined on finite sets, typically subsets of the integer grid \mathbb^n. Discrete fixed-point theorems were developed by Iimura, Murota and Tamura, Chen and Deng and others. Yang provides a survey. Basic concepts Continuous fixed-point theorems often require a continuous function. Since continuity is not meaningful for functions on discrete sets, it is replaced by conditions such as a direction-preserving function. Such conditions imply that the function does not change too drastically when moving between neighboring points of the integer grid. There are various direction-preservation conditions, depending on whether neighboring points are considered points of a hypercube (HGDP), of a simplex (SGDP) etc. See the page on direction-preserving function for definitions. Continuous fixed-point theorems often require a convex set. The analogue of this property for discrete sets is an integrally-convex set. ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   [Amazon] |
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Discrete Mathematics
Discrete mathematics is the study of mathematical structures that can be considered "discrete" (in a way analogous to discrete variables, having a bijection with the set of natural numbers) rather than "continuous" (analogously to continuous functions). Objects studied in discrete mathematics include integers, Graph (discrete mathematics), graphs, and Statement (logic), statements in Mathematical logic, logic. By contrast, discrete mathematics excludes topics in "continuous mathematics" such as real numbers, calculus or Euclidean geometry. Discrete objects can often be enumeration, enumerated by integers; more formally, discrete mathematics has been characterized as the branch of mathematics dealing with countable sets (finite sets or sets with the same cardinality as the natural numbers). However, there is no exact definition of the term "discrete mathematics". The set of objects studied in discrete mathematics can be finite or infinite. The term finite mathematics is sometime ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   [Amazon] |
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Walrasian Equilibrium
Competitive equilibrium (also called: Walrasian equilibrium) is a concept of economic equilibrium, introduced by Kenneth Arrow and Gérard Debreu in 1951, appropriate for the analysis of commodity markets with flexible prices and many traders, and serving as the benchmark of efficiency in economic analysis. It relies crucially on the assumption of a perfect competition, competitive environment where each trader decides upon a quantity that is so small compared to the total quantity traded in the market that their individual transactions have no influence on the prices. Competitive markets are an ideal standard by which other market structures are evaluated. Definitions A competitive equilibrium (CE) consists of two elements: * A price function P. It takes as argument a vector representing a bundle of commodities, and returns a positive real number that represents its price. Usually the price function is linear - it is represented as a vector of prices, a price for each commodity t ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   [Amazon] |
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Nash Equilibrium
In game theory, the Nash equilibrium is the most commonly used solution concept for non-cooperative games. A Nash equilibrium is a situation where no player could gain by changing their own strategy (holding all other players' strategies fixed). The idea of Nash equilibrium dates back to the time of Cournot, who in 1838 applied it to his model of competition in an oligopoly. If each player has chosen a strategy an action plan based on what has happened so far in the game and no one can increase one's own expected payoff by changing one's strategy while the other players keep theirs unchanged, then the current set of strategy choices constitutes a Nash equilibrium. If two players Alice and Bob choose strategies A and B, (A, B) is a Nash equilibrium if Alice has no other strategy available that does better than A at maximizing her payoff in response to Bob choosing B, and Bob has no other strategy available that does better than B at maximizing his payoff in response to Alice c ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   [Amazon] |
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Semi-continuity
In mathematical analysis, semicontinuity (or semi-continuity) is a property of extended real-valued functions that is weaker than continuity. An extended real-valued function f is upper (respectively, lower) semicontinuous at a point x_0 if, roughly speaking, the function values for arguments near x_0 are not much higher (respectively, lower) than f\left(x_0\right). Briefly, a function on a domain X is lower semi-continuous if its epigraph \ is closed in X\times\R, and upper semi-continuous if -f is lower semi-continuous. A function is continuous if and only if it is both upper and lower semicontinuous. If we take a continuous function and increase its value at a certain point x_0 to f\left(x_0\right) + c for some c>0, then the result is upper semicontinuous; if we decrease its value to f\left(x_0\right) - c then the result is lower semicontinuous. The notion of upper and lower semicontinuous function was first introduced and studied by René Baire in his thesis in 1899. ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   [Amazon] |
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Neighbourhood (mathematics)
In topology and related areas of mathematics, a neighbourhood (or neighborhood) is one of the basic concepts in a topological space. It is closely related to the concepts of open set and Interior (topology), interior. Intuitively speaking, a neighbourhood of a point is a Set (mathematics), set of points containing that point where one can move some amount in any direction away from that point without leaving the set. Definitions Neighbourhood of a point If X is a topological space and p is a point in X, then a neighbourhood of p is a subset V of X that includes an open set U containing p, p \in U \subseteq V \subseteq X. This is equivalent to the point p \in X belonging to the Interior (topology)#Interior point, topological interior of V in X. The neighbourhood V need not be an open subset of X. When V is open (resp. closed, compact, etc.) in X, it is called an (resp. closed neighbourhood, compact neighbourhood, etc.). Some authors require neighbourhoods to be open, so i ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   [Amazon] |
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Selection Function
Let ''X'' be a set of sets none of which are empty. Then a choice function (selector, selection) on ''X'' is a mathematical function ''f'' that is defined on ''X'' such that ''f'' is a mapping that assigns each element of ''X'' to one of its elements. An example Let ''X'' = . Then the function ''f'' defined by ''f''() = 7, ''f''() = 9 and ''f''() = 2 is a choice function on ''X''. History and importance Ernst Zermelo (1904) introduced choice functions as well as the axiom of choice (AC) and proved the well-ordering theorem, which states that every set can be well-ordered. AC states that every set of nonempty sets has a choice function. A weaker form of AC, the axiom of countable choice (ACω) states that every countable set of nonempty sets has a choice function. However, in the absence of either AC or ACω, some sets can still be shown to have a choice function. *If X is a finite set of nonempty sets, then one can construct a choice function for X by picking one e ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   [Amazon] |
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Kakutani Fixed-point Theorem
In mathematical analysis, the Kakutani fixed-point theorem is a fixed-point theorem for set-valued functions. It provides sufficient conditions for a set-valued function defined on a convex, compact subset of a Euclidean space to have a fixed point, i.e. a point which is mapped to a set containing it. The Kakutani fixed point theorem is a generalization of the Brouwer fixed point theorem. The Brouwer fixed point theorem is a fundamental result in topology which proves the existence of fixed points for continuous functions defined on compact, convex subsets of Euclidean spaces. Kakutani's theorem extends this to set-valued functions. The theorem was developed by Shizuo Kakutani in 1941, and was used by John Nash in his description of Nash equilibria. It has subsequently found widespread application in game theory and economics. Statement Kakutani's theorem states: : ''Let'' ''S'' ''be a non-empty, compact and convex subset of some Euclidean space'' R''n''. :''Let'' ''φ'':&n ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   [Amazon] |
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Brouwer Fixed-point Theorem
Brouwer's fixed-point theorem is a fixed-point theorem in topology, named after Luitzen Egbertus Jan Brouwer, L. E. J. (Bertus) Brouwer. It states that for any continuous function f mapping a nonempty compactness, compact convex set to itself, there is a point x_0 such that f(x_0)=x_0. The simplest forms of Brouwer's theorem are for continuous functions f from a closed interval I in the real numbers to itself or from a closed Disk (mathematics), disk D to itself. A more general form than the latter is for continuous functions from a nonempty convex compact subset K of Euclidean space to itself. Among hundreds of fixed-point theorems, Brouwer's is particularly well known, due in part to its use across numerous fields of mathematics. In its original field, this result is one of the key theorems characterizing the topology of Euclidean spaces, along with the Jordan curve theorem, the hairy ball theorem, the invariance of dimension and the Borsuk–Ulam theorem. This gives it a place ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   [Amazon] |
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Fixed Point (mathematics)
In mathematics, a fixed point (sometimes shortened to fixpoint), also known as an invariant point, is a value that does not change under a given transformation (mathematics), transformation. Specifically, for function (mathematics), functions, a fixed point is an element that is mapped to itself by the function. Any set of fixed points of a transformation is also an invariant set. Fixed point of a function Formally, is a fixed point of a function if belongs to both the domain of a function, domain and the codomain of , and . In particular, cannot have any fixed point if its domain is disjoint from its codomain. If is defined on the real numbers, it corresponds, in graphical terms, to a curve in the Euclidean plane, and each fixed-point corresponds to an intersection of the curve with the line , cf. picture. For example, if is defined on the real numbers by f(x) = x^2 - 3 x + 4, then 2 is a fixed point of , because . Not all functions have fixed points: for example, ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   [Amazon] |
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Mathematics Of Operations Research
''Mathematics of Operations Research'' is a quarterly peer-reviewed scientific journal established in February 1976. It focuses on areas of mathematics relevant to the field of operations research such as continuous optimization, discrete optimization, game theory, machine learning, simulation methodology, and stochastic models. The journal is published by INFORMS (Institute for Operations Research and the Management Sciences). the journal has a 2017 impact factor of 1.078. History The journal was established in 1976. The founding editor-in-chief was Arthur F. Veinott Jr. (Stanford University). He served until 1980, when the position was taken over by Stephen M. Robinson, who held the position until 1986. Erhan Cinlar served from 1987 to 1992, and was followed by Jan Karel Lenstra (1993-1998). Next was Gérard Cornuéjols (1999-2003) and Nimrod Megiddo (2004-2009). Finally came Uri Rothblum (2009-2012), Jim Dai (2012-2018), and the current editor-in-chief Katya Scheinberg (20 ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   [Amazon] |