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Rationality and Operators The Formal Structure of Preferences /

This unique book develops an operational approach to preference and rationality as the author employs operators over binary relations to capture the concept of rationality. A preference is a basis of individual behavior and social judgment and is mathematically regarded as a binary relation on the s...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Cato, Susumu (Autor)
Autor Corporativo: SpringerLink (Online service)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Singapore : Springer Nature Singapore : Imprint: Springer, 2016.
Edición:1st ed. 2016.
Colección:Development Bank of Japan Research Series,
Temas:
Acceso en línea:Texto Completo
Tabla de Contenidos:
  • 1 Introduction
  • 1.1 The Aim of This Book
  • 1.2 Rationality of Preference
  • 1.3 An Operational Interpretation of Theorems of Welfare Economics
  • 1.4 What Can the Operational Approach Achieve?
  • 1.5 A Historical Perspective
  • 1.6 The Structure of This Book
  • 2 Preferences and Operators
  • 2.1 Introduction
  • 2.2 Binary Relations
  • 2.3 Basic Results on Operators
  • 2.4 Closure Operators
  • 2.5 Concluding Remarks
  • 3 Rationality and Operators
  • 3.1 Introduction
  • 3.2 Properties of Binary Relations
  • 3.3 Choice Functions
  • 3.4 Extensions
  • 3.5 Concluding Remarks
  • 4 Operations over the Set of Binary Relations
  • 4.1 Introduction
  • 4.2 Basic Results
  • 4.3 Direct Operations over the Set of Binary Relations
  • 4.4 Indirect Operations over the Set of Binary Relations
  • 4.5 Concluding Remarks
  • 5 Application to Welfare Economics
  • 5.1 Introduction
  • 5.2 Setting
  • 5.3 Paretian Welfare Economics
  • 5.4 The Kaldor-Hicks Compensation Principle
  • 5.5 Bergsonian-Samuelson Approach of Welfare Economics
  • 5.6 Concluding Remarks
  • 6 Conclusion: Beyond Ordinal Operators
  • 6.1 More Applications
  • 6.2 Operators for Ordinal Preferences
  • 6.3 Operators for Cardinal Preferences
  • 6.4 Final Remarks
  • Index.