1,889 research outputs found

    Edgeworth and Walras equilibria of an arbitrage-free exchange economy

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    In this paper, we first give a direct proof of the existence of Edgeworth equilibria for exchange economies with consumption sets which are (possibly) unbounded below. The key assumption is that the individually rational utility set is compact. It is worth noticing that the statement of this result and its proof do not depend on the dimension or the particular structure of the commodity space. In a second part of the paper, we give conditions under which Edgeworth allocations can be decentralized by continuous prices in a finite dimensional and in an infinite dimensional setting. We then show how these results apply to some finance models.Arbitrage-free asset markets; individually rational utility set; Edgeworth equilibria; fuzzy coalitions; fuzzy core; Walras equilibria; quasiequilibria; properness of preferences

    String Theory and the Fuzzy Torus

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    We outline a brief description of non commutative geometry and present some applications in string theory. We use the fuzzy torus as our guiding example.Comment: Invited review for IJMPA rev1: an imprecision corrected and a reference adde

    (R1960) Connectedness and Compactness in Fuzzy Nano Topological Spaces via Fuzzy Nano Z Open Sets

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    In this paper, we study the notion of fuzzy nano Z connected spaces, fuzzy nano Z disconnected spaces, fuzzy nano Z compact spaces and fuzzy nano Z separated sets in fuzzy nano topological spaces. We also give some properties and theorems of such concepts with connectedness and compactness in fuzzy nano topological spaces

    On fuzzy weakly-closed sets

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    A new class of fuzzy closed sets, namely fuzzy weakly closed set in a fuzzy topological space is introduced and it is established that this class of fuzzy closed sets lies between fuzzy closed sets and fuzzy generalized closed sets. Alongwith the study of fundamental results of such closed sets, we define and characterize fuzzy weakly compact space and fuzzy weakly closed space

    How regular can maxitive measures be?

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    We examine domain-valued maxitive measures defined on the Borel subsets of a topological space. Several characterizations of regularity of maxitive measures are proved, depending on the structure of the topological space. Since every regular maxitive measure is completely maxitive, this yields sufficient conditions for the existence of a cardinal density. We also show that every outer-continuous maxitive measure can be decomposed as the supremum of a regular maxitive measure and a maxitive measure that vanishes on compact subsets under appropriate conditions.Comment: 24 page
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