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A discrete multivariate mean value theorem with applications
Authors:Dolf Talman  Zaifu Yang
Affiliation:1. CentER, Department of Econometrics & Operations Research, Tilburg University, P.O. Box 90153, 5000 LE Tilburg, The Netherlands;2. Faculty of Business Administration, Yokohama National University, Yokohama 240-8501, Japan
Abstract:We establish a discrete multivariate mean value theorem for the class of positive maximum component sign preserving functions. A constructive and combinatorial proof is given based upon a simplicial algorithm and vector labeling. Moreover, we apply this theorem to a discrete nonlinear complementarity problem and an economic equilibrium problem with indivisibilities and show the existence of solutions in both problems under certain mild conditions.
Keywords:Discrete set   Mean value theorem   Fixed point   Algorithm   Equilibrium   Complementarity
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