You’re right. Diachronic consistency is required to establish the uniqueness of the utility function. Also, Wallace does include continuity axioms that rule out lexically ordered preferences, but I left them out of my summary for the sake of simplicity.
You’re right. Diachronic consistency is required to establish the uniqueness of the utility function. Also, Wallace does include continuity axioms that rule out lexically ordered preferences, but I left them out of my summary for the sake of simplicity.