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Quasitransitivity and Monotonic Preference for Freedom

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Author Info
Lahiri Somdeb

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Abstract

We consider a finite universal set of alternatives and the set of all feasible sets are simply the set of all non-empty subsets of this universal set. A choice function assigns to each feasible set a non-empty subset of it. In such a framework we propose and study necessary and sufficient conditions for quasi transitive rationalizability. In a final section of this paper, we analyse necessary and sufficient conditions for quasi transitive rationalizability of choice functions generated by a monotonic preference for freedom.

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Publisher Info
Paper provided by Indian Institute of Management Ahmedabad, Research and Publication Department in its series IIMA Working Papers with number 2000-03-11.

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Date of creation: 11 Mar 2000
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Handle: RePEc:iim:iimawp:2000-03-11

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