Abstract
A preference relation is definable in a language if there is a formula in this language which is satisfied precisely for those pairs which satisfy the relation. The paper suggests that definability is a natural category of requirements of preferences in economic models. To demonstrate the analytical possibilities, the paper studies the set of definable preferences in one context using Craig Lemma.
Original language | English (US) |
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Pages (from-to) | 553-560 |
Number of pages | 8 |
Journal | European Economic Review |
Volume | 42 |
Issue number | 3-5 |
DOIs | |
State | Published - 1998 |
Keywords
- Definability
- Logics
- Preferences
ASJC Scopus subject areas
- Finance
- Economics and Econometrics