RATIONAL CHOICE ON NONFINITE SETS BY MEANS OF EXPANSION-CONTRACTION AXIOMS

Mª Carmen Sánchez
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Mª Carmen Sánchez: Universidad de Murcia

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

Abstract: The rationalization of a choice function in terms of assumptions which involve expansion or contraction properties of the feasible set over nonfinite sets is analyzed. Schwartz's results [15], stated in the finite case, are extended to this more general framework. Moreover a characterization result when continuity conditions are imposed on the choice function as well as on the binary relation which rationalizes it is presented.

Keywords: Rational Choice; Expansion Contraction Axioms; Nonf inite Sets. (search for similar items in EconPapers)
Pages: 32 pages
Date: 1995-03
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Persistent link: https://EconPapers.repec.org/RePEc:ivi:wpasad:1995-07

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