Transitivity (Preferences)
Definition
If A is preferred to B and B to C, then A is preferred to C. A core rationality axiom in consumer theory.
Example
If you prefer pizza to pasta and pasta to salad, you should prefer pizza to salad.
If A is preferred to B and B to C, then A is preferred to C. A core rationality axiom in consumer theory.
If you prefer pizza to pasta and pasta to salad, you should prefer pizza to salad.