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If preferences are like the real numbers then perfect knowledge over
that space falls out as a theorem. To see this easily, consider the
case when there is only one good, e.g., coffee. Then more is
preferred to less is all you need to assume. From this you prove
transitivity, etc.
I guess this cultimates with von Neumann ... in *Games* von N and
M don't even bother to use different symbols for preference and
greater than ...
It begins? A quarter says Samuelson.
David M. Levy
George Mason University
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