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The preference relation satisfies monotonicity if for all x, y X, if xk yk for all k, then x y, and if xk > yk
The preference relation satisfies monotonicity if for all x, y X, if xk yk for all k, then x y, and if xk > yk for all k, then x y.
The preference relation satisfies strong monotonicity if for all x, y X, if xk yk for all k and x y then x y.
Show that preferences represented by min{x1, x2} satisfy monotonicity but not strong monotonicity
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