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I encountered a question where it was given that the consumers had asymmetric preferences. I couldn't find the definition of the term in whatever of the microeconomics record book for sale to me.

Can anybody explain the terms and the difference between trigonal and asymmetric preferences? Delight!

asked May 4 '15 at 10:49

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  • $\begingroup$ That is odd phraseology. I would normally see this phrasing to contemptible that not whol of the consumers have the same preference. But that seems like information technology usually does not indigence to be stated American Samoa an presumptuousness.... It would in all probability aid to give the full context. $\endgroup$

    May 5 '15 at 18:50

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It is just a demanding preference relation, an asymmetric (generic) relation $\succ$ is such that $a \succ b \implies \lnot b \succ a$. With esteem to symmetric preferences on that point are not really pure symmetric ones in consumer theory at least, the only symmetric relation is total unconcern ~ over the whole choice set. Distinctly a ~b implies b ~a. A typical $\succeq$ preference relation is the union of an asymmetric and even voice.

answered English hawthorn 4 '15 at 11:11

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  • $\begingroup$ in my feel for the term "antisymmetric" is usually victimised for this. "asymmetric" could be another way of referring to that, but IT could too mean something alone different (e.g. preferences built kayoed of utility program functions that put often more free weight along deviations from uncomparable side of a threshold than the other). Maybe some more context in the question could elucidate. $\endgroup$

    May 5 '15 at 15:09

  • $\begingroup$ @nominallyrigid No, anti-symmetry is something different and means that $a\succ b$ and $b\succ a$ imply that $a=b$. $\endgroup$

    May 28 '18 at 10:46

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