Aris Daniilidis, Carlo Alberto De Bernardi, Enrico Miglierina
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ABB Theorems: Results and Limitations in Infinite Dimensions.
We construct a weakly compact convex subset of with nonempty interior that has an isolated maximal element, with respect to the lattice order . Moreover, the maximal point cannot be supported by any strictly positive functional, which shows that the Arrow-Barankin-Blackwell theorem fails. This example discloses the pertinence of the assumption that the cone has a bounded base for the validity of the result in infinite dimensions. Under this latter assumption, the equivalence of the notions of strict maximality and maximality is established.
期刊介绍:
The Journal of Optimization Theory and Applications is devoted to the publication of carefully selected regular papers, invited papers, survey papers, technical notes, book notices, and forums that cover mathematical optimization techniques and their applications to science and engineering. Typical theoretical areas include linear, nonlinear, mathematical, and dynamic programming. Among the areas of application covered are mathematical economics, mathematical physics and biology, and aerospace, chemical, civil, electrical, and mechanical engineering.