Re: ISI PEA 2015 discussion
Posted by onionknight on May 11, 2015; 5:40am
URL: http://discussion-forum.276.s1.nabble.com/ISI-PEA-2015-discussion-tp7596744p7596792.html
Also, those a.) and b.) looked like sub parts to me on the first glance but only when you club a and b together will you get the complete description of lexicographic preferences as a.) said that he prefers x without caring for y and b.) said that when quantities of x are equal he prefers bundles with greater amount of y.