Question
Let X = {a, b, c} and suppose a choice rule C is such that C({x}) = {x} for all xX and C({a, b}) =
Let X = {a, b, c} and suppose a choice rule C is such that C({x}) = {x} for all xX and
C({a, b}) = {a}, C({b, c}) = {b}, C({a, c}) = {a}. Prove that if C is rationalizable, then C ({a, b, c}) = {a}.
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Intermediate Microeconomics and Its Application
Authors: Walter Nicholson, Christopher M. Snyder
12th edition
978-1133189022, 1133189024, 1133189032, 978-1305176386, 1305176383, 978-0357687000, 978-1133189039
