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PATH INDEPENDENCE, RATIONALITY AND SOCIAL CHOICE.

Authors :
Plott, Charles R.
Source :
Econometrica; Nov73, Vol. 41 Issue 6, p1075-1091, 17p
Publication Year :
1973

Abstract

The paper provides several axiomatizations of the concept of ‘path independence’ as applied to choice functions defined over finite sets. The axioms are discussed in terms of their relationship to ‘rationality’ postulates and their meaning with respect to social choice models. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
00129682
Volume :
41
Issue :
6
Database :
Complementary Index
Journal :
Econometrica
Publication Type :
Academic Journal
Accession number :
6857593
Full Text :
https://doi.org/10.2307/1914037