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Consistency, Choice and Rationality

Author

Listed:
  • Bossert, Walter
  • Suzumura, Kotaro
  • 鈴村, 興太郎
  • スズムラ, コウタロウ

Abstract

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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Suggested Citation

  • Bossert, Walter & Suzumura, Kotaro & 鈴村, 興太郎 & スズムラ, コウタロウ, 2009. "Consistency, Choice and Rationality," PIE/CIS Discussion Paper 428, Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University.
    • Handle: RePEc:hit:piecis:428
    Note: This version: March 12, 2009
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    JEL classification:

    • D8 - Microeconomics - - Information, Knowledge, and Uncertainty

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