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Rational choice on non-finite sets by means of expansion-contraction axioms
Authors:M. Carmen Sánchez
Affiliation:(1) Department of Economic Analysis, University of Alicante, E-03080 Alicante, Spain
Abstract:The rationalization of a choice function, in terms of assumptions that involve expansion or contraction properties of the feasible set, over non-finite sets is analyzed. Schwartz's results (1976), stated in the finite case, are extended to this more general framework. Moreover, a characterization result when continuity conditions are imposed on the choice function, as well as on the binary relation that rationalizes it, is presented.
Keywords:Rational choice  Expansion-contraction axioms  Non-finite sets
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