Transitive relation

Updated: Aug 20, 2021

A relation, denoted by R, such that ARB and BRC imply ARC. The relations of equality, denoted =, and greater than, denoted >, are transitive. The transitivity of the relation ‘at least as good as’ is usually adopted as an axiom of consumer theory.

Reference: Oxford Press Dictonary of Economics, 5th edt.

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