Extending an order to the power set: The Leximax Criterion |
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Authors: | Miguel A?Ballester Email author" target="_blank">Juan R?De MiguelEmail author |
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Institution: | (1) Departamento de Economía, Universidad Pública de Navarra, Campus Arrosadia, 31006 Pamplona, Spain;(2) Departamento de Matemática e Informática, Universidad Pública de Navarra, Campus Arrosadia, 31006 Pamplona, Spain |
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Abstract: | This work analyzes the issue of ranking the levels of well-being enjoyed by an agent when dealing with her opportunity set in a freedom of choice context. We try to propose a natural extension of a preference relation over a (possibly) infinite set X to its power set, compatible with the finite Leximax criterion.
This research has been supported by Comisión Interministerial de Ciencia y Tecnología, SEC2000-0838 (Ballester), and Dirección General de Enseñanza Superior e Investigación Científica, PB98-0551 (De Miguel). |
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