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Existence of a convex extension of a preference relation

Esistenza di un'estensione convessa di una relazione di preferenza

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Abstract

In this paper we say that a preference (i.e. irreflexive) relationP isregular (or aweak order) if both it and its non-comparability relation are transitive; we also say that a preference relationP * is aconvex extension of another preference relationP ifP⊆P * holds andP * is regular and convex-valued. We prove that a convex extension ofP exists if and only if every non-empty and finite set of alternativesA is not included in the convex hull of ∪ xA P(x).

Riassunto

In questo lavoro diciamo che una relazione di preferenza (ossia irriflessiva)P èregolare (o unordinamento debole) se tanto essa quanto la sua relazione di non paragonabilità sono transitive; diciamo anche che una relazione di preferenzaP * costituisce un'estensione convessa di un'altra relazione di preferenzaP se vale l'inclusioneP⊆P * eP * è regolare ed a valori convessi. Provereino che un'estensione convessa dellaP esiste se e solo se ogni insieme non vuoto e finito di alternativeA non è incluso nell'involucro convesso dell'insieme ∪ xA P(x).

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Correspondence to Paolo Scapparone.

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Scapparone, P. Existence of a convex extension of a preference relation. Decisions Econ Finan 22, 5–11 (1999). https://doi.org/10.1007/BF02912347

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