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sequences of nonempty closed nested intervals where the limit of the difference of the
bounds as both sequences approach infinity is 0. This theorem says that when all of these
intervals are intersected, the intersection consists of only one point. This simple
implication has made this theorem useful in economics, engineering, agriculture and part
Let In = [an,bn] and thus the an’s form a monotone increasing, bounded above
sequence and the bn’s form a monotone decreasing, bounded below sequence. We know
that every monotone, bounded sequence converges. The an’s converge to some number a
and the bn’s converge to some number b such that a is greater than or equal to b. Both
elements are members of the closed interval In for any n. The intersection of In for any n
is the interval [a,b]. Lastly, if the difference approaches 0, then a=b and the intersection
that every bounded sequence has a convergent subsequence. This theorem is applied in
many economics concepts to prove existence of certain equilibria for bounded sequences.
These equilibria help economists determine what should be done to allocations to receive
the maximum utility from such decisions. This theorem also helped develop much of the
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Cantor’s theorem also has many applications in seismic engineering and
agriculture optimization. We all know that earthquakes are extremely difficult to predict
seismologists only use measured data the intervals can be quite huge. By using theorems
like Cantor’s they are able to simplify the intervals to make building requirements more
realistic and inexpensive. Another application is shown if one wants to run a chicken
farm. We can obtain data from experts about how much of each nutrient a chicken needs
per day. There are different types of feed with different prices and the problem is finding
the correct amount of the different components to minimize the total cost. The data can
presented with a interval linear programming problem which describes the best
combination of intervals of all of this data. Cantor’s theorem comes into play because it is
able to reduce the possibilities to very small intervals (some of which converge to one
point).
look forward to seeing the applications of this theorem when we discuss topics in
topology.