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A Model of Uniformity in a Preference Function

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  • Partha Pratim Dube

Abstract

In recent development of the choice functions many investigators accept that social preferences maintain usually non-uniformity. This paper tries to establish the nature of non-uniformity that it mixes up with two distinct properties of preferences: immobility and steadiness. It is shown here that steadiness and immobility together imply uniformity but the converse does not hold. Now if steadiness be disposed of from the preferences of a firm, firm cannot obey the rule of immobility but may follow the rule of uniformity. It indicates that social choices of a firm must maintain uniformity and steadiness.

Suggested Citation

  • Partha Pratim Dube, 2023. "A Model of Uniformity in a Preference Function," International Journal of Financial Research, International Journal of Financial Research, Sciedu Press, vol. 14(3), pages 58-63, July.
    • Handle: RePEc:jfr:ijfr11:v:14:y:2023:i:3:p:58-63
    DOI: 10.5430/ijfr.v14n3p58
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    References listed on IDEAS

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    3. ., 2021. "International trade and finance," Chapters, in: The Political Economy of Iraq, chapter 13, pages 256-272, Edward Elgar Publishing.
    4. Holston, Kathryn & Laubach, Thomas & Williams, John C., 2017. "Measuring the natural rate of interest: International trends and determinants," Journal of International Economics, Elsevier, vol. 108(S1), pages 59-75.
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