Re: dse-2009

Posted by manvi on Jun 24, 2010; 2:55pm
URL: http://discussion-forum.276.s1.nabble.com/dse-2009-tp5196723p5217440.html

Let X stand for the consumption set and let R, I, P respectively stand for the weak
preference relation, indifference relation and strict preference relation of a consumer.
The weak preference relation R is said to satisfy Quasitransitivity if and only if for all
x, y, z belonging to X, xPy and yPz → xPz. Which of the following preference
relations over X = {x,y,z} satisfy Quasitransitivity?
a) xPy & yPz & zPx
b) xPy & yPz & zIx
c) xPy & yIz & zIx
d) yPx & yIz & xPz