Cycling preferences Using the definitions and propositions discussed so far, show that it is impossible for a
Question:
Cycling preferences Using the definitions and propositions discussed so far, show that it is impossible for a rational strict preference rela tion to cycle. To do so, suppose (for the sake of the argument) that x s y &
ysz & zsx and show that this leads to a contradiction.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Question Posted: