An extremely simple proof of the K-K-M-S Theorem |
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Authors: | P. Jean-Jacques Herings |
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Affiliation: | (1) Department of Econometrics and CentER, Tilburg University, P.O. Box 90153, 5000 LE Tilburg, THE NETHERLANDS, NL |
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Abstract: | ![]() Summary. An extremely simple proof of the K-K-M-S Theorem is given involving only Brouwer’s fixed point theorem and some elementary calculus. A function is explicitly given such that a fixed point of it yields an intersection point of a balanced collection of sets together with balancing weights. Moreover, any intersection point of a balanced collection of sets together with balancing weights corresponds to a fixed point of the function. Furthermore, the proof can be used to show -balanced versions of the K-K-M-S Theorem, with -balancedness as introduced in Billera (1970). The proof makes clear that the conditions made with respect to by Billera can be even weakened. Received: January 22, 1996; revised version June 9, 1996 |
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Keywords: | JEL Classification Numbers: C71. |
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