Independence of irrelevant alternatives and consistency of choice
Vincenzo Denicolo' ()
Economic Theory, 2000, vol. 15, issue 1, 226 pages
Abstract:
We show that Arrow's condition of independence of irrelevant alternatives is logically related to conditions of consistency of choice (in particular, to Arrow's choice axiom). The relation, however, is indirect. The link is provided by an independence condition due to Hansson (Synthese, 1969) which applies to fixed agenda social choice rules.
Keywords: Independence of irrelevant alternatives; Arrow's choice axiom. (search for similar items in EconPapers)
Date: 1999-11-22
Note: Received: January 23, 1998; revised version: May 18, 1998
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