Universal interactive preferences

Jayant Ganguli and A Heifetz

Economics Discussion Papers from University of Essex, Department of Economics

Abstract: We prove that a universal preference type space exists under much more general conditions than those postulated by Epstein and Wang (1996). To wit, it is enough that preferences can be encoded by a countable collection of continuous functionals, while the preferences themselves need not necessarily be continuous or regular, like, e.g., in the case of lexicographic preferences. The proof relies on a far-reaching generalization of a method developed by Heifetz and Samet (1998).

Date: 2012
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Citations: View citations in EconPapers (2)

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Journal Article: Universal interactive preferences (2016)
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