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Logic of Choice and Economic Theory$
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S. N. Afriat

Print publication date: 1987

Print ISBN-13: 9780198284611

Published to Oxford Scholarship Online: November 2003

DOI: 10.1093/0198284616.001.0001

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PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2020. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 04 December 2020

About Choice

About Choice

(p.13) I.1 About Choice
Logic of Choice and Economic Theory

S. N. Afriat

Oxford University Press

The chapter is concerned with the generalities of choice and the optimum. Its eight sections are: forming a choice; demand as choice; choice functions; the optimum; optimal choice functions; revealed choice and preference; dinners and battles (these are used to represent the regularity of consumption versus the fitfulfulness of other historical events, in order to introduce consumer theory and discuss its characteristics); and the maximum doctrine.

Keywords:   Arrow's impossibility theorem, choice, demand, democratic choice, optimum, positive association, revealed preference, voting

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