An alternative proof of Fishburn’s axiomatization of lexicographic preferences

We present an alternative proof of Fishburn’s (1975) axiomatization of lexicographic preferences. The essence of our proof lies in identifying “an extremely pivotal factor”. Our proof reconfirms the strong interconnections between Arrow’s and Gibbard–Satterthwaite’s theorems with Fishburn’s axiomatization.

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Year of publication:	2014
Authors:	Mitra, Manipushpak ; Sen, Debapriya
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 124.2014, 2, p. 168-170
Publisher:	Elsevier
Subject:	Axiomatization \| Lexicographic preference \| Extremely pivotal factor

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Type of publication:	Article
Classification:	D01 - Microeconomic Behavior: Underlying Principles ; D11 - Consumer Economics: Theory
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011041742