Quasitransitive Rational Choice and Monotonic Preference for Freedom

Somdeb Lahiri ()

No 1999-08-05, IIMA Working Papers from Indian Institute of Management Ahmedabad, Research and Publication Department

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 various types of quasi-transitive rationalizability of choice functions generated by monotonic preference for freedom.

Date: 1999-08-05

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