IDEAS home Printed from https://ideas.repec.org/a/spr/sochwe/v21y2003i1p117-129.html
   My bibliography  Save this article

Justifiable preferences over opportunity sets

Author

Listed:
  • Somdeb Lahiri

Abstract

In this paper we say that a preference over opportunity sets is justifiable if there exists a reflexive and complete binary relation on the set of alternatives, such that one opportunity set is at least as good as a second, if and only if the there is at least one alternative from the first set which is no worse than any alternative of the two sets combined together, with respect to the binary relation on the alternatives. In keeping with the revered tradition set by von Neumann and Morgenstern we call a reflexive and complete binary relation, an abstract game (note: strictly speaking von Neumann and Morgenstern refer to the asymmetric part of a reflexive and complete binary relation as an abstract game; hence our terminology though analytically equivalent, leads to a harmless corruption of the original meaning). In this paper we obtain a necessary and sufficient condition for the justifiability of transitive and quasi transitive preferences over opportunity sets. Copyright Springer-Verlag 2003

Suggested Citation

  • Somdeb Lahiri, 2003. "Justifiable preferences over opportunity sets," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 21(1), pages 117-129, August.
    • Handle: RePEc:spr:sochwe:v:21:y:2003:i:1:p:117-129
    DOI: 10.1007/s00355-003-0205-2
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1007/s00355-003-0205-2
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1007/s00355-003-0205-2?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Matthew Ryan, 2014. "Path independent choice and the ranking of opportunity sets," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 42(1), pages 193-213, January.
    2. V. Danilov & G. Koshevoy & E. Savaglio, 2015. "Hyper-relations, choice functions, and orderings of opportunity sets," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 45(1), pages 51-69, June.
    3. Dan Qin, 2014. "A note on justifiable preferences over opportunity sets," Economics Bulletin, AccessEcon, vol. 34(3), pages 1961-1967.
    4. Dan Qin & Matthew Ryan, 2016. "Rationalizability of Plott consistent choice functions: a corrigendum," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 47(3), pages 761-762, October.
    5. Somdeb Lahiri, 2018. "Indirect Utility Reflecting Anxiety and Flexibility of Choice," Journal of Economics and Management, College of Business, Feng Chia University, Taiwan, vol. 14(1), pages 33-50, February.
    6. Dan Qin, 2015. "On justifiable choice functions over opportunity sets," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 45(2), pages 269-285, September.
    7. Jimena Galindo & Levent Ülkü, 2020. "Diversity relations over menus," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 55(2), pages 229-242, August.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:sochwe:v:21:y:2003:i:1:p:117-129. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.