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intermediate value theorem

   Also found in: Acronyms, Wikipedia 0.01 sec.
intermediate value theorem [‚in·tər′mēd·ē·ət ¦val·yü ′thir·əm]
(mathematics)
If ƒ(x) is a continuous real-valued function on the closed interval fromatob, then, for anyybetween the least upper bound and the greatest lower bound of the values of ƒ, there is anxbetweenaandbwith ƒ(x) =y.


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2) We use the intermediate value theorem to show the conditions under which a unique adverse selection equilibrium exists.
 
 
 
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