A Representation for Intransitive Indifference Relations
Emel Filiz Ozbay and Erkut Y. Ozbay
,
2
(
50
)
Mathematical Social Sciences
202-214
September
2005
Abstract
Binary relations representable by utility functions with multiplicative error are considered. It is proved that if the error is a power of utility then the underlying binary relation is either an interval order, or a semiorder. Moreover, semiorders can be characterized among interval orders by the magnitude of the power of utility that is used in the form of error function.