The closedness of the free-disposal hull of a production set |
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| Authors: | Anthony Horsley Andrzej J Wrobel |
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| Institution: | (1) Department of Economics, London School of Economics and Political Science, Houghton Street, WC2A 2AE London, UK;(2) Center for Economic Research, University of Tilburg, Hogeschoollaan 225, P. O. Box 90153, 5000 LE Tilburg, The Netherlands |
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| Abstract: | Summary Assume thatL is a topological vector lattice andY is a closed subset ofL
+ ×R
N, whereR
N denotes theN-dimensional Euclidean space. It is shown that the setY–L
+ ×R
+
N
is closed ifY has appropriate monotonicity properties. The result is applicable to the case ofL equal toL
 with the Mackey topology,  (L
,L
1). |
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| Keywords: | |
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