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On the non-equivalence of weak and strict preference

✍ Scribed by Martin Rechenauer


Publisher
Elsevier Science
Year
2008
Tongue
English
Weight
238 KB
Volume
56
Category
Article
ISSN
0165-4896

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✦ Synopsis


It is often claimed that the relations of weak preference and strict preference are symmetrical to each other in the sense that weak preference is complete and transitive if and only if strict preference is asymmetric and negatively transitive. The equivalence proof relies on a definitional connection between them, however, that already implies completeness of weak preference. Weakening the connection in order to avoid this leads to a breakdown of the symmetry which gives reason to accept weak preference as the more fundamental relation.


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