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A short proof of Deb’s Theorem on Schwartz’s rule

Athanasios Andrikopoulos ()

Decisions in Economics and Finance, 2016, vol. 39, issue 2, No 10, 333-336

Abstract: Abstract Schwartz in (Nous,7, 1972, Definition, 3) introduces a generalization of the Condorcet criterion, which is the classical approach to rational choice in the context of cycles, and he defines the Schwartz set. Deb (J Econ Theory 16:103–110, 1977) shows that the Schwartz set consists of the maximal elements according to the transitive closure of the asymmetric part of a binary relation corresponding to a choice process or representing the decision maker’s preferences. This note provides a short and simple proof of Deb’s theorem on the characterization of the Schwartz set.

Keywords: Condorcet winner; Schwartz set (search for similar items in EconPapers)
JEL-codes: D7 (search for similar items in EconPapers)
Date: 2016
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DOI: 10.1007/s10203-016-0180-6

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