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expression, one of the most significant gains that it has achieved.

To that effect,
axiomatization
does more than making assumptions and conclusions explicit and exposing the
deductions linking them. The very definition of an economic concept is usually marred by
a substantial margin of ambiguity. An axiomatized theory substitutes for that ambiguous
concept a mathematical object that is subjected to definite rules of reasoning. Thus an
axiomatic theorist succeeds in communicating the meaning he intends to give to a
primitive
concept because of the completely specified formal context in which he operates. The
more
developed this context is, the richer it is in theorems and in other primitive concepts

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