English

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: NN-blindness, where agents ignore periods beyond a fixed date NN, 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.

Keywords

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}
}
R2 v1 2026-07-01T10:24:20.155Z