Extended partial orders: A unifying structure for abstract choice theory

Extended partial orders: A unifying structure for abstract choice theory

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Article ID: iaor1999305
Country: Netherlands
Volume: 80
Issue: 1
Start Page Number: 27
End Page Number: 48
Publication Date: Jun 1998
Journal: Annals of Operations Research
Authors: ,
Keywords: choice theory
Abstract:

The concept of a strict extended partial order (SEPO) has turned out to be very useful in explaining (resp. rationalizing) non-binary choice functions. The present paper provides a general account of the concept of extended binary relations, i.e. relations between subsets and elements of a given universal set of alternatives. In particular, we define the concept of a weak extended partial order (WEPO) and show how it can be used in order to represent rankings of opportunity sets that display a ‘preference for opportunities’. We also clarify the relationship between SEPOs and WEPOs, which involves a non-trivial condition, called ‘strict properness’. Several characterizations of strict (and weak) properness are provided, based on which we argue for properness as an appropriate condition demarcating ‘choice based’ preference.

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