Abstract
In the previous chapter, we organized axioms in terms of format. Let’s now organize them in terms of content, economic content. In this chapter, I’ll introduce broad categories that I’ll refine progressively in the following chapters.
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The requirement is commonly called “individual rationality”. Here, as in other places, I invoked a nomenclature template to better show what ties concepts.
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Thomson, W. (2023). Axiom Content: Delineating Broad Categories. In: The Axiomatics of Economic Design, Vol. 1. Studies in Choice and Welfare. Springer, Cham. https://doi.org/10.1007/978-3-031-29398-6_5
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DOI: https://doi.org/10.1007/978-3-031-29398-6_5
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