Domain Closedness Conditions and Rational Choice


Autoria(s): Bossert, Walter; Suzumura, Kotaro
Data(s)

22/09/2006

22/09/2006

2005

Resumo

The rationalizability of a choice function on an arbitrary domain under various coherence properties has received a considerable amount of attention both in the long-established and in the recent literature. Because domain closedness conditions play an important role in much of rational choice theory, we examine the consequences of these requirements on the logical relationships among different versions of rationalizability. It turns out that closedness under intersection does not lead to any results differing from those obtained on arbitrary domains. In contrast, closedness under union allows us to prove an additional implication.

Formato

200765 bytes

application/pdf

Identificador

BOSSERT, Walter et SUZUMURA, Kotaro, «Domain Closedness Conditions and Rational Choice», Cahier de recherche #2005-21, Département de sciences économiques, Université de Montréal, 2005, 19 pages.

http://hdl.handle.net/1866/550

Relação

Cahier de recherche #2005-21

Palavras-Chave #Rational Choice #Domain Closedness #Coherence Properties #[JEL:D11] Microeconomics - Household Behavior and Family Economics - Consumer Economics: Theory #[JEL:D11] Microéconomie - Comportement des ménages et économie familiale - Économie du consommateur: théorie
Tipo

Article