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A prevalent transversality theorem for Lipschitz functions
Authors:Chris Shannon
Institution:Department of Economics and Department of Mathematics, University of California--Berkeley, Berkeley, California 94720
Abstract:This paper provides a version of the transversality theorem for a class of Lipschitz functions of the form $ f:{\bf R}^n\times C\to {\bf R}^n$, where $ C$ is a convex subset of a normed vector space $ Z$ indexing the parameters in the problem. The set $ C$ may be infinite-dimensional, and the notion of generic used is the measure-theoretic notion of prevalence introduced by Hunt, Sauer and Yorke (1992) and Christensen (1974). This paper also provides some results on sensitivity analysis for solutions to locally Lipschitz equations.

Keywords:Prevalence  transversality  Lipschitz functions  nonsmooth analysis
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