Numerical representation for lower quasi-continuous preferences

A weaker than usual continuity condition for acyclic preferences is introduced. For preorders this condition turns out to be equivalent to lower continuity, but in general this is not true. By using this condition, a numerical representation which is upper semicontinuous is obtained. This fact guarantees the existence of maxima of such a function, and therefore the existence of maximal elements of the binary relation.

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Year of publication:	1996-07
Authors:	Ferrando, Josep Enric Peris ; Martínez, Begoña Subiza
Institutions:	Instituto Valenciano de Investigaciones Económicas (IVIE)
Subject:	Numerical representation \| maximal elements \| lower quasi-continuous preferences

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Extent:	application/pdf
Series:	Working Papers. Serie AD.
Type of publication:	Book / Working Paper
Notes:	Published by Ivie 16 pages
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008542854