The Deep Side of Preference Theory

Theory and Decision 53 (3):243-270 (2002)
  Copy   BIBTEX

Abstract

An individual is said to have a taste for a particular menu, i.e. a subset of available commodities, if he is indifferent between all commodity bundles that contain the same quantity for each commodity which actually is in the menu, whatever the rest of the bundle. Then, a taste is directly defined as a deep property of preferences. As a first result, it is shown that a complete and transitive preference relation over the commodity bundles is equivalent to regular tastes where regularity means that tastes can be derived from a pure qualitative relation between the different commodities. Besides, a preference family based on preference relations corresponding to each particular commodity is said to be rationalizable if there exists a metapreference over commodity bundles which consistently summarizes the preference family and then allows to decide. As a second result, it is shown that if a preference family is rationalizable, then the tastes are organized thanks to a reflexive and transitive qualitative relation between the different commodities

Links

PhilArchive



    Upload a copy of this work     Papers currently archived: 91,219

External links

Setup an account with your affiliations in order to access resources via your University's proxy server

Through your library

Similar books and articles

Pure time preference.Rosemary Lowry & Martin Peterson - 2011 - Pacific Philosophical Quarterly 92 (4):490-508.
Sympathy, commitment, and preference.Daniel M. Hausman - 2005 - Economics and Philosophy 21 (1):33-50.
Freedom, preference and autonomy.Keith Lehrer - 1997 - The Journal of Ethics 1 (1):3-25.
Dynamic logic of preference upgrade.Johan van Benthem & Fenrong Liu - 2007 - Journal of Applied Non-Classical Logics 17 (2):157-182.
Dynamic inconsistency and choice.Isabelle Brocas - 2011 - Theory and Decision 71 (3):343-364.
In defense of adaptive preferences.Donald W. Bruckner - 2009 - Philosophical Studies 142 (3):307 - 324.
I. Marx's analysis of commodity exchange—a reply to Carver.Ulrich Steinvorth - 1976 - Inquiry: An Interdisciplinary Journal of Philosophy 19 (1-4):99 – 108.

Analytics

Added to PP
2010-09-02

Downloads
44 (#344,726)

6 months
1 (#1,459,555)

Historical graph of downloads
How can I increase my downloads?

Citations of this work

Embedded choices.Diego Lanzi - 2010 - Theory and Decision 68 (3):263-280.

Add more citations

References found in this work

Semantical Analysis of Modal Logic I. Normal Propositional Calculi.Saul A. Kripke - 1963 - Zeitschrift fur mathematische Logik und Grundlagen der Mathematik 9 (5‐6):67-96.
The Logic of Preference.Georg Henrik von Wright - 1963 - Philosophy 40 (151):78-79.

Add more references