Abstract
We analyze the question of how to construct a preference relation over the subsets of an infinite set. We propose a rule to perform this task within an opportunity sets valuation approach which considers the determination of such preference relation from the basis of a finite kernel. We establish some properties of the rule and we analyze its relationships with two relevant properties of monotonicity in this framework. © 2006 Elsevier B.V. All rights reserved.
Original language | English |
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Pages (from-to) | 291-300 |
Journal | Journal of Mathematical Economics |
Volume | 42 |
DOIs | |
Publication status | Published - 1 Jun 2006 |
Keywords
- Freedom of choice
- Power set
- Ranking opportunity sets
- Set-inclusion