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Re:Alchian–Allen effect by zwaps on Tuesday November 13, 2018 @08:55PM (#18446747)
Then it is a theorem, as it is tautologically implied by certain axioms imposed on preference relations or choice correspondences, such as completeness, transitivity and a notion of continuity.

Since the whole theory won't fit in one wikipedia article, I suggest you read the first chapters or either a) Mas-Collel, Whinston and Green or b) Kreps, Microeconomic Foundations I (not the old undergrad book from him)

This would provide you with the theory to understand this result in a more mathematical correct way.

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