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Product Filters, Acyclicity and Suzumura Consistency
(Université de Montréal. Département de sciences économiques., 2010-11-25)
In a seminal contribution, Hansson (1976) demonstrates that the collection of
decisive coalitions associated with an Arrovian social welfare function forms an ultrafilter. He goes on to show that if transitivity is weakened ...
Expected utility without full transitivity
(Université de Montréal. Département de sciences économiques., 2014-05)
We generalize the classical expected-utility criterion by weakening transitivity to Suzumura consistency. In the absence of full transitivity, reflexivity and completeness no longer follow as a consequence of the system ...