Maximal-Element Rationalizability

Walter Bossert, Yves Sprumont () and Kotaro Suzumura

Theory and Decision, 2005, vol. 58, issue 4, 325-350

Abstract: We examine the maximal-element rationalizability of choice functions with arbitrary domains. While rationality formulated in terms of the choice of greatest elements according to a rationalizing relation has been analyzed relatively thoroughly in the earlier literature, 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 rationalizability by itself, and for maximal-element rationalizability in conjunction with additional properties of a rationalizing relation such as reflexivity, completeness, P-acyclicity, quasi-transitivity, consistency and transitivity. Copyright Springer 2005

Keywords: choice functions; maximal-element rationalizability; D11 (search for similar items in EconPapers)
Date: 2005
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

Downloads: (external link)
http://hdl.handle.net/10.1007/s11238-005-6849-x (text/html)
Access to full text is restricted to subscribers.

Related works:
Working Paper: Maximal-Element Rationalizability (2002)
Working Paper: Maximal-Element Rationalizability (2002)
Working Paper: MAXIMAL-ELEMENT RATIONALIZABILITY (2002)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:kap:theord:v:58:y:2005:i:4:p:325-350

Ordering information: This journal article can be ordered from
http://www.springer. ... ry/journal/11238/PS2

DOI: 10.1007/s11238-005-6849-x

Access Statistics for this article

Theory and Decision is currently edited by Mohammed Abdellaoui

More articles in Theory and Decision from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().