In HW4 problem 4 (ii), my explanation was misleading in the TA session.
Regarding the proof of upper-hemicontinuity, the proof of MWG (p.93) is correct.
However, you can't use just same argument
if you want to prove continuity of demand function.
(In other word, "The same argument also establishes continuity ..."
in MWG p.94 is incorrect.)
Thanks to Kubota for letting me know.
Best regards,
Murooka
2009年5月15日金曜日
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