Characterization of spannability of functions

Date
1997
Authors
Hüsseinov, F.
Editor(s)
Advisor
Supervisor
Co-Advisor
Co-Supervisor
Instructor
Source Title
Journal of Mathematical Economics
Print ISSN
0304-4068
Electronic ISSN
1873-1538
Publisher
Elsevier BV
Volume
28
Issue
1
Pages
29 - 40
Language
English
Journal Title
Journal ISSN
Volume Title
Series
Abstract

Possibility of representation of a value of convexification of function at the given point as a convex combination of the values of function (spannability) is studied. Spannability of functions turned out to be important in different fields e.g. in the study of quasi-cores of monetary economies with nonconvex preferences (mathematical economics), in the theory of relaxation of variation problems (variational calculus). Apparently, Shapley and Shubik (Econometrica, 1966, 34, 805-827) were first to discuss it.

Course
Other identifiers
Book Title
Citation
Published Version (Please cite this version)