Sonnenschein–Mantel–Debreu theorem

The Sonnenschein–Mantel–Debreu theorem is a foundational result in general equilibrium theory in economics. It addresses the relationship between individual preferences and market demand in an economy composed of many agents with potentially diverse preferences. The theorem can be summarized in the following points: 1. **Market Demand Aggregation**: The theorem shows that the aggregate demand for goods in a market can be inconsistent with the preferences of the individual consumers.