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An Axiomatization of the Leontief Preferences

Uuganbaatar Ninjbat

Finnish Economic Papers2014article
ABDC B
Weight
0.43

Abstract

An axiomatic characterization of the well known Leontief preferences is given. The key axiom is upper consistency, which states that for any two bundles, another bundle is weakly preferred to at least one of them if and only if it is weakly preferred to the bundle that contains the least amount of each commodity in them.

3 citations

Cite this paper

@article{uuganbaatar2014,
  title        = {{An Axiomatization of the Leontief Preferences}},
  author       = {Uuganbaatar Ninjbat},
  journal      = {Finnish Economic Papers},
  year         = {2014},
}

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An Axiomatization of the Leontief Preferences

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Evidence weight

0.43

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.43 × 0.4 = 0.17
M · momentum0.20 × 0.15 = 0.03
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

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