Indifference, Incomparability, Indecisiveness and the Aversion to Choose.∗
Indifference and incomparability are different concepts that may lead to different behavioral consequences. Under the assumption that the agent is averse to making a choice between incomparable alternatives, we propose an axiomatic model that allows for a discrimination between indifference and incomparability. The rationale for this discrimination is grounded in different behavioral effects the addition of an indifferent or an incomparable alternative in a choice-set may induce. The model also allows to propose an alternative theory of choice aversion based on aversion to incomparability and to establish a behavioral distinction between the notions of incomparability and indecisiveness
Year of publication: |
2022
|
---|---|
Authors: | Arlegi, Ritxar ; Bourgeois-Gironde, Sacha ; Hualde, Mikel |
Publisher: |
[S.l.] : SSRN |
Saved in:
freely available
Saved in favorites
Similar items by person
-
On the aversion to incomplete preferences
Arlegi, Ritxar, (2021)
-
Attitudes toward choice with incomplete preferences : an experimental study
Arlegi, Ritxar, (2022)
-
An axiomatic analysis of ranking sets under simple categorization
Alcantud, José C. R., (2012)
- More ...