Rational Choice and Revealed Preference: Theoretical Representation of Preference Relations Leading to the Best Choice

  • Takemura K
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Abstract

… This chapter investigates the rationality of decision making and focuses on the concept of rational choice. We utilize set theory to conduct … in descending order of preference. Furthermore, we present the idea of revealed preference, which can deduce preference relations that …

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Takemura, K. (2019). Rational Choice and Revealed Preference: Theoretical Representation of Preference Relations Leading to the Best Choice. In Foundations of Economic Psychology (pp. 33–58). Springer Singapore. https://doi.org/10.1007/978-981-13-9049-4_2

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