ABB Theorems: Results and Limitations in Infinite Dimensions

We construct a weakly compact convex subset of & ell;2\documentclass[12pt]{minimal} \usepackage{amsmath} \usepackage{wasysym} \usepackage{amsfonts} \usepackage{amssymb} \usepackage{amsbsy} \usepackage{mathrsfs} \usepackage{upgreek} \setlength{\oddsidemargin}{-69pt} \begin{document}$$\ell <^>{2}$$\end{document} with nonempty interior that has an isolated maximal element, with respect to the lattice order & ell;+2\documentclass[12pt]{minimal} \usepackage{amsmath} \usepackage{wasysym} \usepackage{amsfonts} \usepackage{amssymb} \usepackage{amsbsy} \usepackage{mathrsfs} \usepackage{upgreek} \setlength{\oddsidemargin}{-69pt} \begin{document}$$\ell _{+}<^>{2}$$\end{document}. Moreover, the maximal point cannot be supported by any strictly positive functional, which shows that the Arrow-Barankin-Blackwell theorem fails. This example discloses the pertinence of the assumption that the cone has a bounded base for the validity of the result in infinite dimensions. Under this latter assumption, the equivalence of the notions of strict maximality and maximality is established.