Consistency, Choice, and Rationality

Consistency, Choice, and Rationality
ISBN-10
0674052994
ISBN-13
9780674052994
Category
Business & Economics
Pages
231
Language
English
Published
2010-10-15
Publisher
Harvard University Press
Authors
Kotaro Suzumura, Walter Bossert

Description

In Consistency, Choice, and Rationality, economic theorists Walter Bossert and Kotaro Suzumura present a thorough mathematical treatment of Suzumura consistency, an alternative to established coherence properties such as transitivity, quasi-transitivity, or acyclicity. Applications in individual and social choice theory, fields important not only to economics but also to philosophy and political science, are discussed. Specifically, the authors explore topics such as rational choice and revealed preference theory, and collective decision making in an atemporal framework as well as in an intergenerational setting.

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