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Mathematics, 20.04.2020 22:53 kittycat92

If the a choice structure (B, C(Ā·)) satisfies the weak axiom of revealed preference and B includes all subsets of the choice set X up to three elements, then there is a rational preference relation ā‰„ such that C(B) = Cāˆ—(B, ) for all B āˆˆ B where Cāˆ—(B, ā‰„) = {x āˆˆ B : x ā‰„ y for every y āˆˆ B}.
True or False?

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