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Rationalizability of Choice Functions: Domain Conditions

Author

Listed:
  • Debabrata Pal

    (Assistant Professor, Jawaharlal Nehru University, New Delhi, India)

Abstract

In the literature related to choice theory an important problem which has been dealt with at length is the rationalizability of the choice function of an individual. In the literature a number of choice consistency conditions have been postulated which are proven to be necessary and sufficient for a choice function to have an ordering rationalization. In this paper a necessary and sufficient condition has been derived for the domain to be such that every possible choice function defined over the domain has an ordering rationalization.

Suggested Citation

  • Debabrata Pal, 2017. "Rationalizability of Choice Functions: Domain Conditions," Economics Bulletin, AccessEcon, vol. 37(3), pages 1911-1917.
    • Handle: RePEc:ebl:ecbull:eb-17-00412
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    References listed on IDEAS

    as
    1. Apesteguia, Jose & Ballester, Miguel A., 2013. "Choice by sequential procedures," Games and Economic Behavior, Elsevier, vol. 77(1), pages 90-99.
    2. Au, Pak Hung & Kawai, Keiichi, 2011. "Sequentially rationalizable choice with transitive rationales," Games and Economic Behavior, Elsevier, vol. 73(2), pages 608-614.
    3. Gaertner,Wulf, 2006. "Domain Conditions in Social Choice Theory," Cambridge Books, Cambridge University Press, number 9780521028745, September.
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    More about this item

    Keywords

    Rational Choice; Rationalizability; Choice Function; Domain Condition;
    All these keywords.

    JEL classification:

    • D7 - Microeconomics - - Analysis of Collective Decision-Making
    • D1 - Microeconomics - - Household Behavior

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