Title of article :
A note on a property of maximal sets and choice in the absence of universal comparability
Author/Authors :
Banerjee، نويسنده , , Asis; Pattanaik، نويسنده , , Prasanta K. ، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 1996
Abstract :
We show that, given a reflexive and transitive (but not necessarily connected) binary weak preference relation R, the maximal set generated by R coincides with the union of the choice sets generated by all possible orderings that are compatible with R. The property is of interest in assessing the intuitive significance of the maximal set for the choice of an agent whose preferences do not satisfy connectedness.
Keywords :
Choice set , Non-comparability , Maximal set
Journal title :
Economics Letters
Journal title :
Economics Letters