Consistency, Choice, and Rationality

Download or read book Consistency, Choice, and Rationality written by Walter Bossert and published by Harvard University Press. This book was released on 2010-10-15 with total page 231 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.