Abstract

This article extends Chwe's (J. Econ. Theory63(1994), 299–325) nonemptiness result (Proposition 2) of the largest consistent set by relaxing both conditions of his proposition, including the countability of the set of alternatives. Such an extension enables the largest consistent set to be applied to models (e.g., the Cournot oligopoly model) with continuum of alternatives.Journal of Economic LiteratureClassification Numbers: C70, C71, C72.

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