A taxonomy of rationalization by incomplete preferences

Guy Barokas

doi:10.1016/j.econlet.2017.07.031

A taxonomy of rationalization by incomplete preferences

Guy Barokas

Research output: Contribution to journal › Article › peer-review

4 Scopus citations

Abstract

This paper provides a tight axiomatic relation between the following models: the standard rational choice model, non-domination rationalizability, rationalization by an incomplete Hype-relation (Aizerman and Malishevski, 1981), and the transitive version of the partial dominant choice model (Gerasimou, 2016). Thus, providing a taxonomy of rationalization by incomplete preferences.

Original language	English
Pages (from-to)	138-141
Number of pages	4
Journal	Economics Letters
Volume	159
DOIs	https://doi.org/10.1016/j.econlet.2017.07.031
State	Published - 1 Oct 2017
Externally published	Yes

Keywords

Attraction effect
Choice Functions
Incomplete Preference
Rationalization
Revealed preference

ASJC Scopus subject areas

Finance
Economics and Econometrics

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10.1016/j.econlet.2017.07.031

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AB - This paper provides a tight axiomatic relation between the following models: the standard rational choice model, non-domination rationalizability, rationalization by an incomplete Hype-relation (Aizerman and Malishevski, 1981), and the transitive version of the partial dominant choice model (Gerasimou, 2016). Thus, providing a taxonomy of rationalization by incomplete preferences.

KW - Attraction effect

KW - Choice Functions

KW - Incomplete Preference

KW - Rationalization

KW - Revealed preference

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JO - Economics Letters

JF - Economics Letters

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A taxonomy of rationalization by incomplete preferences

Abstract

Keywords

ASJC Scopus subject areas

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