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Non-Deteriorating Choice without Full Transitivity
(Université de Montréal. Département de sciences économiques., 2006-08)
Although the theory of greatest-element rationalizability and maximal-element rationalizability under general domains and without full transitivity of rationalizing relations is well-developed in the literature, these ...
Infinite-Horizon Choice Functions
(Université de Montréal. Département de sciences économiques., 2006)
We analyze infinite-horizon choice functions within the setting of a simple linear technology. Time consistency and efficiency are characterized by stationary consumption and inheritance functions, as well as a transversality ...
A Characterization of Consistent Collective Choice Rules
(Université de Montréal. Département de sciences économiques., 2006-08)
We characterize a class of collective choice rules such that collective preference relations are consistent. Consistency is a weakening of transitivity and a strengthening of acyclicity requiring that there be no cycles ...