Gilboa, Itzhak; Lapson, Robert - In: Economic Theory 5 (1995) 1, pp. 109-26
A semiorder can be thought of as a binary relation P for which there is a utility "u" representing it in the following sense: xPy iff u(x)-u(y) 1. We argue that weak orders (for which indifference is transitive) can not be considered a successful approximation of semiorders; for instance, a...