How to read this

For a reference bundle : blue is , the bundles at least as good; grey is , the bundles no better; the curve between them is . The table lists which axioms hold.

  • Click to place a test bundle : the page compares it with and checks whether the segment between them stays in , as convexity requires.
  • Choose A bliss point or Indifference curves bowed out: the table shows which axioms fail.
  • Choose Lexicographic: is a single point, and the preferences are not continuous.

Preferences

Bundles

Click the plot to move the test bundle .

'Better than' and 'worse than' sets

Axioms

    Comparisons