Proposition 68.16.1. Let $S$ be a scheme. Let $f : X \to Y$ be a morphism of algebraic spaces over $S$. Assume $f$ is quasi-compact, and $X$ is decent. Then $f$ is universally closed if and only if the existence part of the valuative criterion holds.
Proof. In Morphisms of Spaces, Lemma 67.42.1 we have seen one of the implications. To prove the other, assume that $f$ is universally closed. Let
be a diagram as in Morphisms of Spaces, Definition 67.41.1. Let $X_ A = \mathop{\mathrm{Spec}}(A) \times _ Y X$, so that we have
By Morphisms of Spaces, Lemma 67.8.4 we see that $X_ A \to \mathop{\mathrm{Spec}}(A)$ is quasi-compact. Since $X_ A \to X$ is representable, we see that $X_ A$ is decent also, see Lemma 68.5.3. Moreover, as $f$ is universally closed, we see that $X_ A \to \mathop{\mathrm{Spec}}(A)$ is universally closed. Hence we may and do replace $X$ by $X_ A$ and $Y$ by $\mathop{\mathrm{Spec}}(A)$.
Let $x' \in |X|$ be the equivalence class of $\mathop{\mathrm{Spec}}(K) \to X$. Let $y \in |Y| = |\mathop{\mathrm{Spec}}(A)|$ be the closed point. Set $y' = f(x')$; it is the generic point of $\mathop{\mathrm{Spec}}(A)$. Since $f$ is universally closed we see that $f(\overline{\{ x'\} })$ contains $\overline{\{ y'\} }$, and hence contains $y$. Let $x \in \overline{\{ x'\} }$ be a point such that $f(x) = y$. Let $U$ be a scheme, and $\varphi : U \to X$ an étale morphism such that there exists a $u \in U$ with $\varphi (u) = x$. By Lemma 68.7.3 and our assumption that $X$ is decent there exists a specialization $u' \leadsto u$ on $U$ with $\varphi (u') = x'$. This means that there exists a common field extension $K \subset K' \supset \kappa (u')$ such that
is commutative. This gives the following commutative diagram of rings
By Algebra, Lemma 10.50.2 we can find a valuation ring $A' \subset K'$ dominating the image of $\mathcal{O}_{U, u}$ in $K'$. Since by construction $\mathcal{O}_{U, u}$ dominates $A$ we see that $A'$ dominates $A$ also. Hence we obtain a diagram resembling the second diagram of Morphisms of Spaces, Definition 67.41.1 and the proposition is proved. $\square$
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