Research output: Contribution to journal › Article › peer-review
Under two reasonable axioms, a generalized variant of the Edgeworth-Pareto principle in terms of a choice function is substantiated. According to this principle, for any choice function, its value must be a subset of the Pareto set. It is shown that, if at least one of the axioms is ignored, then the Edgeworth-Pareto principle may be violated. As a particular case, the Edgeworth-Pareto principle in terms of preference relations is derived.
| Original language | English |
|---|---|
| Pages (from-to) | 210-216 |
| Number of pages | 7 |
| Journal | Mathematical Social Sciences |
| Volume | 52 |
| Issue number | 2 |
| DOIs | |
| State | Published - 1 Sep 2006 |
ID: 36884343