Version 1
: Received: 17 October 2024 / Approved: 17 October 2024 / Online: 18 October 2024 (16:31:53 CEST)
How to cite:
Lahiri, S. Global IIA, Sen’s Impossibility Theorem and State-Salient Decision Rules. Preprints2024, 2024101435. https://doi.org/10.20944/preprints202410.1435.v1
Lahiri, S. Global IIA, Sen’s Impossibility Theorem and State-Salient Decision Rules. Preprints 2024, 2024101435. https://doi.org/10.20944/preprints202410.1435.v1
Lahiri, S. Global IIA, Sen’s Impossibility Theorem and State-Salient Decision Rules. Preprints2024, 2024101435. https://doi.org/10.20944/preprints202410.1435.v1
APA Style
Lahiri, S. (2024). Global IIA, Sen’s Impossibility Theorem and State-Salient Decision Rules. Preprints. https://doi.org/10.20944/preprints202410.1435.v1
Chicago/Turabian Style
Lahiri, S. 2024 "Global IIA, Sen’s Impossibility Theorem and State-Salient Decision Rules" Preprints. https://doi.org/10.20944/preprints202410.1435.v1
Abstract
We present a simple proof of the well-known axiomatic characterization of state-salient decision rules on the domain of all strict preference profiles, using Pareto property and Global Independence of Irrelevant Alternatives. Our proof appeals to Sen’s Impossibility Theorem and an extract from a proof of the same theorem, that is available in an earlier paper of this author.
Keywords
state-salient; pareto property; global independence of irrelevant alternatives; sen’s impossibility theorem
Subject
Business, Economics and Management, Economics
Copyright:
This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.