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Suzumura‐consistent relations: An overview.

Authors :
Bossert, Walter
Source :
International Journal of Economic Theory; Mar2018, Vol. 14 Issue 1, p21-34, 14p
Publication Year :
2018

Abstract

Abstract: This paper provides a brief introduction to the use and usefulness of Suzumura consistency, a coherence requirement for binary relations that weakens transitivity. The property was introduced by Suzumura in the context of collective choice but, as demonstrated in some recent contributions, its applicability reaches beyond the boundaries of social‐choice theory. In addition to a summary of its mathematical underpinnings, some recent applications in individual and collective decision‐making are provided. Several examples are employed to illustrate the property and how it distinguishes itself from alternative weakenings of transitivity such as quasi‐transitivity or acyclicity. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
17427355
Volume :
14
Issue :
1
Database :
Complementary Index
Journal :
International Journal of Economic Theory
Publication Type :
Academic Journal
Accession number :
127900198
Full Text :
https://doi.org/10.1111/ijet.12139