Rationalizability of Choice Functions: Domain Conditions

Debabrata Pal ()
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Debabrata Pal: Assistant Professor, Jawaharlal Nehru University, New Delhi, India

Economics Bulletin, 2017, vol. 37, issue 3, 1911-1917

Abstract: In the literature related to choice theory an important problem which has been dealt with at length is the rationalizability of the choice function of an individual. In the literature a number of choice consistency conditions have been postulated which are proven to be necessary and sufficient for a choice function to have an ordering rationalization. In this paper a necessary and sufficient condition has been derived for the domain to be such that every possible choice function defined over the domain has an ordering rationalization.

Keywords: Rational Choice; Rationalizability; Choice Function; Domain Condition (search for similar items in EconPapers)
JEL-codes: D1 D7 (search for similar items in EconPapers)
Date: 2017-08-31
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Citations: View citations in EconPapers (1)

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