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Path Independence, Rationality, and Social Choice
Charles R. Plott
Vol. 41, No. 6 (Nov., 1973), pp. 1075-1091
Published by: The Econometric Society
Stable URL: http://www.jstor.org/stable/1914037
Page Count: 17
You can always find the topics here!Topics: Social choice, Rational choice theory, Binary relations, Mathematical theorems, Axioms, Welfare economics, Rationality, Reason, Mathematical sets, Social welfare
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The paper provides several axiomatizations of the concept of "path independence"as applied to choice functions defined over finite sets. The axioms are discussed in terms of their relationship to "rationality" postulates and their meaning with respect to social choice models.
Econometrica © 1973 The Econometric Society