Lexicographic preferences
id:
lexicographic-preferences-241-247047
title:
Lexicographic preferences
text:
In economics, lexicographic preferences or lexicographic orderings describe comparative preferences where an agent prefers any amount of one good (X) to any amount of another (Y). Specifically, if offered several bundles of goods, the agent will choose the bundle that offers the most X, no matter how much Y there is. Only when there is a tie between bundles with regard to the number of units of X will the agent start comparing the number of units of Y across bundles. Lexicographic preferences ex
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wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Lexicographic_preferences
date created:
date modified:
2023-12-06T05:02:17Z
main entity:
{"identifier":"Q138159","url":"https://www.wikidata.org/entity/Q138159"}
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fields total:
13
integrity:
13