Maximal elements of non necessarily acyclic binary relations
Year of publication: 1992
Issue: 7
Pages: 1-20
Type: Working paper
Abstract
The existence of maximal elements for binary preference relations is analyzed without imposing transitivity or convexity conditions. From each preference relation a new acyclic relation is defined in such a way that some maximal elements of this new relation characterize maximal elements of the original one. The result covers the case whereby the relation is acyclic.