|
EconStor >
Institut für Weltwirtschaft (IfW), Kiel >
Economics: The Open-Access, Open-Assessment E-Journal - Discussion Papers >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/57772
|
| | |
| Title: | | A generalized unification theorem for choice theoretic foundations: Avoiding the necessity of pairs and triplets  |
| Authors: | | He, Junnan |
| Issue Date: | | 2012 |
| Series/Report no.: | | Economics Discussion Papers 2012-23 |
| Abstract: | | This paper is concerned with the axiomatic foundation of the revealed preference theory. Many well-known results in literature rest upon the ability to choose over budget sets that contains only 2 or 3 elements, the situations which are not observable in real life. In order to give a more realistic approach, this paper shows that many of the famous consistency requirements, such as those proposed by Arrow, Sen, Samuelson etc., are equivalent if the domain of choice functions satisfy some set theoretical properties. And these properties, unions and inclusions for example, are proposed in a way that gives observability. |
| Subjects: | | Revealed preference theory rationality preference choice functions |
| JEL: | | B00 C00 D01 D11 |
| Creative Commons License: | |  |
| Document Type: | | Working Paper |
| Appears in Collections: | | Economics: The Open-Access, Open-Assessment E-Journal - Discussion Papers
|
| |
| | |
Download bibliographical data as:
BibTeX
|
| |
Share on:http://hdl.handle.net/10419/57772
|
Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.
|