Econometrica: Nov 1973, Volume 41, Issue 6
Path Independence, Rationality, and Social Choice
https://doi.org/0012-9682(197311)41:6<1075:PIRASC>2.0.CO;2-K
p.
1075-1091
Charles R. Plott
The paper provides several axiomatizations of the concept of "path independence"as applied to choice functions defined over finite sets. The axioms are discussed in terms of their relationship to "rationality" postulates and their meaning with respect to social choice models.Log In To View Full Content