Maximal-Element Rationalizability
Abstract
We examine the maximal-element rationalizability of choice functions with arbitrary do-mains. While rationality formulated in terms of the choice of greatest elements according to a rationalizing relation has been analyzed relatively thoroughly in the earlier litera-ture, this is not the case for maximal-element rationalizability, except when it coincides with greatest-element rationalizability because of properties imposed on the rationalizing relation. We develop necessary and sufficient conditions for maximal-element rationaliz-ability by itself, and for maximal-element rationalizability in conjunction with additional properties of a rationalizing relation such as re exivity, completeness, P-acyclicity, quasi-transitivity, consistency and transitivity.Download Info
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Paper provided by Universite de Montreal, Departement de sciences economiques in its series Cahiers de recherche with number 2002-16.
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Length: 19 ges pages
Date of creation: 2002
Date of revision:
Handle: RePEc:mtl:montde:2002-16
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Keywords: Choice Functions; Maximal-Element Rationalizability.;Other versions of this item:
- Walter Bossert & Yves Sprumont & Kotaro Suzumura, 2005. "Maximal-Element Rationalizability," Theory and Decision, Springer, vol. 58(4), pages 325-350, 06.
- Bossert, Walter & Sprumont, Yves & Suzumura, Kotaro, 2002. "Maximal-Element Rationalizability," Discussion Paper 124, Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University.
- Bossert, W. & Sprumont, Y. & Suzumura, K., 2002. "Maximal-Element Rationalizability," Cahiers de recherche 16-2002, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
- D11 - Microeconomics - - Household Behavior - - - Consumer Economics: Theory
This paper has been announced in the following NEP Reports:
- NEP-ALL-2003-06-04 (All new papers)
References
References listed on IDEASPlease report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Amartya Sen, 1996.
"Maximization and the Act of Choice,"
Harvard Institute of Economic Research Working Papers
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- Amartya Sen, 1997. "Maximization and the Act of Choice," Econometrica, Econometric Society, vol. 65(4), pages 745-780, July.
- Sen, A., 1996. "Maximisation and the Act of Choice," Papers 270, Banca Italia - Servizio di Studi.
- Bossert, W. & Sprumont, Y. & Suzumura, K., 2002.
"Consistent Rationalizability,"
Cahiers de recherche
12-2002, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
- Walter Bossert & Yves Sprumont & Kotaro Suzumura, 2005. "Consistent Rationalizability," Economica, London School of Economics and Political Science, vol. 72(286), pages 185-200, 05.
- Bossert, Walter & Sprumont, Yves & Suzumura, Kotaro, 2002. "Consistent Rationalizability," Discussion Paper 82, Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University.
- BOSSERT, Walter & SPRUMONT, Yves & SUZUMURA, Kotaro, 2002. "Consistent Rationalizability," Cahiers de recherche 2002-12, Universite de Montreal, Departement de sciences economiques.
- Bossert, W. & Sprumont, Y. & Suzumura, K., 2001.
"Rationalizability of Choice Functions on General Domains without Full Transitivity,"
Cahiers de recherche
2001-13, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
- Walter Bossert & Yves Sprumont & Kotaro Suzumura, 2006. "Rationalizability of choice functions on general domains without full transitivity," Social Choice and Welfare, Springer, vol. 27(3), pages 435-458, December.
- Bossert, Walter & Sprumont, Yves & Suzumura, Kotaro, 2001. "Rationalizability of Choice Functions on General Domains Without Full Transitivity," Discussion Paper 28, Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University.
- BOSSERT, Walter & SPRUMONT, Yves & SUZUMURA, Kotaro, 2001. "Rationalizability of Choice Functions on General Domains without Full Transitivity," Cahiers de recherche 2001-13, Universite de Montreal, Departement de sciences economiques.
- Suzumura, Kotaro, 1977. "Houthakker's axiom in the theory of rational choice," Journal of Economic Theory, Elsevier, vol. 14(2), pages 284-290, April.
- Sen, Amartya K, 1971. "Choice Functions and Revealed Preference," Review of Economic Studies, Wiley Blackwell, vol. 38(115), pages 307-17, July.
- Sen, Amartya K, 1977. "Social Choice Theory: A Re-examination," Econometrica, Econometric Society, vol. 45(1), pages 53-89, January.
- Suzumura, Kataro, 1976. "Remarks on the Theory of Collective Choice," Economica, London School of Economics and Political Science, vol. 43(172), pages 381-90, November.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.Cited by:
- BOSSERT, Walter & SUZUMURA, Kotaro, 2005.
"Domain Closedness Conditions and Rational Choice,"
Cahiers de recherche
27-2005, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
- BOSSERT, Walter & SUZUMURA, Kotaro, 2005. "Domain Closedness Conditions and Rational Choice," Cahiers de recherche 2005-21, Universite de Montreal, Departement de sciences economiques.
- BOSSERT, Walter & SUZUMURA, Kotaro, 2006.
"Non-Deteriorating Choice without Full Transitivity,"
Cahiers de recherche
10-2006, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
- BOSSERT, Walter & SUZUMURA, Kotaro, 2006. "Non-Deteriorating Choice without Full Transitivity," Cahiers de recherche 2006-13, Universite de Montreal, Departement de sciences economiques.
- BOSSERT, Walter, 2006.
"Consistent Relations,"
Cahiers de recherche
2006-03, Universite de Montreal, Departement de sciences economiques.
- BOSSERT, Walter, 2006. "Consistent Relations," Cahiers de recherche 03-2006, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
- Andreas Darmann & Christian Klamler & Ulrich Pferschy, 2011. "Finding socially best spanning trees," Theory and Decision, Springer, vol. 70(4), pages 511-527, April.
- BOSSERT, Walter & SUZUMURA, Kotaro, 2005.
"Rational Choice on Arbitrary Domains: A Comprehensive Treatment,"
Cahiers de recherche
17-2005, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
- BOSSERT, Walter & SUZUMURA, Kotaro, 2005. "Rational Choice on Arbitrary Domains: A Comprehensive Treatment," Cahiers de recherche 2005-13, Universite de Montreal, Departement de sciences economiques.
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