The Supporting Line Property and the Additive Choice Function for Two-Dimensional Choice Problems |
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Authors: | Somdeb Lahiri |
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Institution: | Indian Institute of Management, Ahmedabad 380 015, India |
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Abstract: | The paper provides an axiomatic characterization of the additive choice function using the additivity property. It is seen that, along with Pareto optimality, symmetry, and a supporting line property, the additivity axiom uniquely characterizes the additive choice function. The additive choice function as defined in this paper does not satisfy Nash's assumption of the independence of irrelevant alternatives. This raises the question of when a choice function is representable, an issue addressed in an appendix. |
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