A Stone-Weierstrass theorem without closure under suprema
Authors:
R. Preston McAfee and Philip J. Reny
Journal:
Proc. Amer. Math. Soc. 114 (1992), 61-67
MSC:
Primary 41A65; Secondary 41A10, 46E25, 54C40
DOI:
https://doi.org/10.1090/S0002-9939-1992-1091186-2
MathSciNet review:
1091186
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Abstract: For a compact metric space $X$, consider a linear subspace $A$ of $C\left ( X \right )$ containing the constant functions. One version of the Stone-Weierstrass Theorem states that, if $A$ separates points, then the closure of $A$ under both minima and maxima is dense in $C\left ( X \right )$. By the Hahn-Banach Theorem, if $A$ separates probability measures, $A$ is dense in $C\left ( X \right )$. It is shown that if $A$ separates points from probability measures, then the closure of $A$ under minima is dense in $C\left ( X \right )$. This theorem has applications in economic theory.
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Article copyright:
© Copyright 1992
American Mathematical Society