Non-Deteriorating Choice without Full Transitivity
dc.contributor.author | Bossert, Walter | |
dc.contributor.author | Suzumura, Kotaro | |
dc.date.accessioned | 2008-02-04T16:05:02Z | |
dc.date.available | 2008-02-04T16:05:02Z | |
dc.date.issued | 2006-08 | |
dc.identifier.uri | http://hdl.handle.net/1866/2150 | |
dc.format.extent | 248702 bytes | |
dc.format.mimetype | application/pdf | |
dc.publisher | Université de Montréal. Département de sciences économiques. | fr |
dc.subject | Reference-Dependent Choice | en |
dc.subject | Individual Rationality | en |
dc.subject | Efficiency | en |
dc.subject | Coherence Properties | en |
dc.subject | D11 | en |
dc.subject | D71 | en |
dc.title | Non-Deteriorating Choice without Full Transitivity | en |
dc.type | Article | |
dc.contributor.affiliation | Université de Montréal. Faculté des arts et des sciences. Département de sciences économiques | |
dcterms.abstract | Although the theory of greatest-element rationalizability and maximal-element rationalizability under general domains and without full transitivity of rationalizing relations is well-developed in the literature, these standard notions of rational choice are often considered to be too demanding. An alternative definition of rationality of choice is that of non-deteriorating choice, which requires that the chosen alternatives must be judged at least as good as a reference alternative. In game theory, this definition is well-known under the name of individual rationality when the reference alternative is construed to be the status quo. This alternative form of rationality of individual and social choice is characterized in this paper on general domains and without full transitivity of rationalizing relations. | en |
dcterms.isPartOf | urn:ISSN:0709-9231 | |
dcterms.language | eng | en |
UdeM.VersionRioxx | Version publiée / Version of Record | |
oaire.citationTitle | Cahier de recherche | |
oaire.citationIssue | 2006-13 |
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