lexicographic preferences-Study resources

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lexicographic preferences-Study resources

kangkan
Hi...is there any good study material for lexicographic preferences ..intuition is not working for me :(
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Re: lexicographic preferences-Study resources

Sumit
I think to solve questions on lexicographic pref  it is enough to know what lexicographic pref is. I'm saying this on the basis of questions dse ask on lexicographic pref.Just keep the definition in mind and proceed.
M.A Economics
Delhi School of Economics
2013-15
Email Id:sumit.sharmagi@gmail.com
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Re: lexicographic preferences-Study resources

mrittik
In reply to this post by kangkan
@kangkan...there is no diagram for utility fn like Lexicographic Preference.....it is a momentary feeling of a human being....if u r north indian then dosa/idli are least preferred to u than Roti, Rajma, Raita.....this is absolutely got inverse if u r south indian.....if u have 2 thali option of Roti & Rajma and Dosa....then u first try to grab the most Roti & Rajma one....but if the plates are same to you then think about a change to switch over ur choice to dosa to fulfill ur utility......go through it carefully.....if any doubt feel free to ask
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Re: lexicographic preferences-Study resources

SINGHAM
In reply to this post by kangkan
I went through this. It is amazing.
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Re: lexicographic preferences-Study resources

kangkan
thanks singham :)
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Re: lexicographic preferences-Study resources

Anakin Skywalker
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Re: lexicographic preferences-Study resources

SINGHAM
In reply to this post by kangkan
Oh, Kangkan, actually, I should thank you to draw my attention to lexicographic.

Also, I got a better material at Gravelle-Rees. Just search for lexicographic there!