The Maximal Domain for the Revelation Principle when Preferences are Menu Dependent

We extend the domain of preferences to include menu-dependent preferences and characterize the maximal subset of this domain in which the revelation principle holds. Minimax-regret preference is shown to be outside this subset.

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Year of publication:	2008
Authors:	Saran, Rene
Institutions:	Graduate School of Business and Economics (GSBE), School of Business and Economics
Subject:	microeconomics

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Extent:	application/pdf
Series:	Research Memorandum.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series Research Memoranda Number 023
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011199151