Aguiar, Victor H.; Hjertstrand, Per; Serrano, Roberto - 2022 - This version: September 2022
condition of choice. We offer a rationalization of WGARP in general settings. Our main result is an exact analog of the … celebrated Afriat's theorem, but for WGARP. Its ordinal rationalization is in terms of an asymmetric and locally nonsatiated … preference function. Its cardinal rationalization uses a coalitional multi- utility (CMU) maxmin representation with a coherency …