Preprint Technical Note Version 1 This version is not peer-reviewed

Global IIA, Sen’s Impossibility Theorem and State-Salient Decision Rules

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. Preprints 2024, 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

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

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