Gale–Nikaidō–Debreu theorem

E612750

The Gale–Nikaidō–Debreu theorem is a fundamental result in mathematical economics that provides conditions ensuring the existence (and sometimes uniqueness) of equilibrium in certain nonlinear and general equilibrium models.

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Gale–Nikaidō–Debreu theorem canonical 1

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Statements (41)

Predicate Object
instanceOf mathematical theorem ⓘ
theorem in mathematical economics ⓘ
appliesTo excess demand functions ⓘ
general equilibrium models ⓘ
nonlinear systems ⓘ
areaOfApplication economic theory ⓘ
mathematical optimization ⓘ
nonlinear complementarity problems ⓘ
assumes certain sign conditions on principal minors of the Jacobian ⓘ
continuity of the mapping ⓘ
characterizes conditions for global univalence of excess demand mappings ⓘ
concerns existence of equilibrium ⓘ
uniqueness of equilibrium ⓘ
ensures at most one equilibrium under its hypotheses ⓘ
injectivity of the mapping under P-matrix conditions ⓘ
field general equilibrium theory ⓘ
mathematical economics ⓘ
nonlinear analysis ⓘ
historicalPeriod 20th century ⓘ
implies existence of solution to certain nonlinear equations ⓘ
global univalence under suitable conditions ⓘ
mathematicalDomain multivariate calculus ⓘ
real analysis ⓘ
topology ⓘ
namedAfter David Gale ⓘ
Gérard Debreu ⓘ
Hirofumi Nikaidō ⓘ
provides sufficient conditions for equilibrium ⓘ
relatedTo Arrow–Debreu model ⓘ
Brouwer fixed point theorem ⓘ
Kakutani fixed point theorem ⓘ
existence of competitive equilibrium ⓘ
global univalence theorem ⓘ
typeOfResult existence theorem ⓘ
uniqueness theorem ⓘ
usedIn analysis of comparative statics in nonlinear models ⓘ
proofs of equilibrium existence in general equilibrium theory ⓘ
usesConcept Jacobian matrix ⓘ
P-matrix ⓘ
fixed point arguments ⓘ
monotonicity ⓘ

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David Gale → notableWork → Gale–Nikaidō–Debreu theorem ⓘ