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http://hdl.handle.net/11718/11251| Title: | A Comment on Nash’s Independence of Irrelevant Alternatives Assumption for Choice Problems |
| Authors: | Lahiri, Somdeb |
| Keywords: | Assumption;Choice Problems;Independence of Irrelevent;Axiom |
| Issue Date: | 17-Oct-2012 |
| Series/Report no.: | WP;1995/1271 |
| Abstract: | In a recent paper, campbel (1994) shows that if a choice correspondence satisfies Arrow’s choice axiom than it has a complete, reflexive and transitive rationalization, even if the domain does not include any set with fewer then a member, where is a given positive integer. The purpose of this paper is to provide a simpler proof (than the one provided by Campbell) of the same results when the choice correspondences are single – valued i.e, the case of choice is formally equivalent to Nash’s independence of Irrelevant Alternatives assumption. |
| URI: | http://hdl.handle.net/11718/11251 |
| Appears in Collections: | Working Papers |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| WP 1995_1271.pdf | 213.28 kB | Adobe PDF | View/Open |
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