SFB 303 Discussion Paper No. A - 546

Author: Hildenbrand, Werner
Title: An Exposition of Wald's Existence Proof
Abstract: Before I explain Wald's existence proof in Section 2, I shall describe in Section 1 the economic background which led Karl Schlesinger and Abraham Wald to the system of equations (W). Then, in Section 3, I shall discuss the impact of Wald's outstanding contribution on further developments in mathematical economics.
Creation-Date: March 1997
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