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The Szpilrajn "constructive type" theorem on extending binary relations, or its generalizations by Dushnik and Miller [10], is one of the best known theorems in social sciences and mathematical economics. Arrow [1], Fishburn [11], Suzumura [22], Donaldson and Weymark [8] and others utilize...
Persistent link: https://www.econbiz.de/10005790153
In this paper, I give a characterization of the Generalized Top-Choice Assumption set of a binary relation in terms of choice from minimal negative consistent superrelations. This result provides a characterization of Schwart's set in tournaments.
Persistent link: https://www.econbiz.de/10005000649
In this paper we characterize the existence of best choices of arbitrary binary relations over non finite sets of alternatives, according to the Generalized Optimal-Choice Axiom condition introduced by Schwartz. We focus not just in the best choices of a single set X, but rather in the best...
Persistent link: https://www.econbiz.de/10005616780
We develop a model of dynamic interactions between price variations in leasing and selling markets for automobiles. Our framework assumes a differential game between multiple Bertrand-type competing firms which offer differentiated products to forward-looking agents. Empirical analysis of our...
Persistent link: https://www.econbiz.de/10011110756