Math Problem Statement
Give an example of preferences over a countable set in which the prefer ences cannot be represented by a utility function that returns only integers as values.
Solution
To provide an example of preferences over a countable set that cannot be represented by a utility function returning only integer values, let's consider a countable set , the set of all rational numbers.
Example of Preferences
Let's define a preference relation over as follows:
- For any , we say if and only if .
This preference relation represents the usual "greater than" ordering on the rational numbers.
Why No Integer-Valued Utility Function Exists
To represent these preferences with a utility function, we would need a function such that:
- .
However, this is impossible with a function that takes only integer values. Here’s why:
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Density of Rational Numbers: The set is dense in itself, meaning that between any two rational numbers, there exists another rational number. More formally, for any with , there exists a such that .
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Utility Function's Discreteness: If is a utility function, it assigns an integer to each rational number. But integers are not dense; there is no integer strictly between two consecutive integers. Therefore, there cannot be a strict utility ordering corresponding to every possible pair because we would run out of available integers to assign utility values uniquely in a way that reflects the density of .
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Contradiction: Because has infinitely many values between any two given points and does not, there is no way to assign integer values to while preserving the strict order given by . Hence, there is no integer-valued utility function that can represent the preferences .
Conclusion
Thus, the preference relation over the set of rational numbers , where , cannot be represented by any utility function that returns only integer values.
Would you like more details on this, or have any questions?
5 Related Questions:
- What is a utility function, and why is it used to represent preferences?
- How can a utility function with real values represent preferences over a dense set like ?
- Can there be a utility function that represents preferences over using only a subset of rational numbers?
- What is the difference between countable and uncountable sets in the context of preferences?
- How do we construct utility functions for more complex sets, such as function spaces?
Tip: When dealing with preference relations, consider whether the density of the set and the discreteness of the utility function's range are compatible.
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Math Problem Analysis
Mathematical Concepts
Preferences
Utility Function
Rational Numbers
Formulas
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Theorems
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Suitable Grade Level
Advanced Undergraduate
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