Future-blindness and the product topology
Theoretical Economics
2026-02-09 v1
Abstract
We study future-blind preferences, which are preferences that heavily discount the future, within the space of infinite consumption streams. We give two definitions: -blindness, where agents ignore periods beyond a fixed date , and eventual blindness, where all but finitely many dates are neglected. Using a topological approach, we show that the finest topology ensuring eventual blindness coincides with the product topology. This provides a behavioral foundation for continuity in the product topology, which was considered for studying equilibrium existence in infinite-dimensional spaces. Finally, we characterize the dual spaces under these topologies.
Cite
@article{arxiv.2602.06672,
title = {Future-blindness and the product topology},
author = {Marcel Andrade and Lorenzo Bastianello and Jaime Orrillo},
journal= {arXiv preprint arXiv:2602.06672},
year = {2026}
}