A characterization of acyclic preferences on countable sets

Begoña Subiza and Carmen Herrero ()

Working Papers. Serie AD from Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie)

Abstract: In this paper a new numerical representation of preferences (by means of set-valued real functions) is proposed. Our representation extends the usual utility function (in case preferences are preorder-type) as well as the pairwise representation (in case preferences are interval-order type). Then, we provide a characterization of acyclic preference relations on countable sets as those admitting a set-valued numerical representation.

Pages: 21 pages
Date: 1991-01
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Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:ivi:wpasad:1991-01

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