On the Representability of a Class of Lexicographic Preferences

Kuntal Banerjee ()
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Kuntal Banerjee: Florida Atlantic University

Economics Bulletin, 2018, vol. 38, issue 2, 1213-1218

Abstract: We present sufficient conditions for the non-representability of a class of lexicographic preferences. The proof of non-representability builds on the classical Debreu (1954) argument and its usefulness in generating counter examples is demonstrated through a series of examples.

Keywords: Lexicographic Preferences; Representable Binary Relation; Utility Function. (search for similar items in EconPapers)
JEL-codes: D1 (search for similar items in EconPapers)
Date: 2018-06-21
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