Faculty Mentor
Donna Flint
Abstract
Throughout this paper, we will examine correspondences, also known as set-valued functions. A definition of correspondences and their graphs are given. Properties of correspondences including continuity, optimization, and existence of fixed points are considered. Examples are considered demonstrating these properties. Applications in the field of Economics are introduced. Specifically the optimization of consumer utility is examined through examples.
Recommended Citation
Olson, Heather
(2013)
"Theory and Applications of Correspondences,"
The Journal of Undergraduate Research: Vol. 11, Article 6.
Available at:
https://openprairie.sdstate.edu/jur/vol11/iss1/6