Search Results - subject:"rationalizability."

Chapter Nineteen. Nonbinary Social Choice

Rajat, Deb - In: Handbook of social choice and welfare : volume 2, (pp. 335-366). 2011

Economists have used the term “nonbinary” to describe both choice functional nonbinariness (choice functions that cannot be rationalized as the maximizing outcome of a binary preference relation) and structural nonbinariness (the structure of the model dictates that pairs of alternatives do...

Persistent link: https://www.econbiz.de/10014025189

Transversale Wirtschaftsethik : ökonomische Vernunft zwischen Lebens- und Arbeitswelt

Boysen, Thies - 2002

Die aktuelle Situation ist nach Meinung des Verfassers zunehmend gekennzeichnet durch die Entgrenzung der Ökonomie in ihrem Handeln und Wirken auf der einen und der Begrenztheit der ökonomischen Rationalität auf der anderen Seite. Damit stehen sich ökonomische Dominanz und ökonomische...

Persistent link: https://www.econbiz.de/10005844363

MAXIMAL-ELEMENT RATIONALIZABILITY

BOSSERT, Walter; SPRUMONT, Yves; SUZUMURA, Kotaro - Centre Interuniversitaire de Recherche en Économie … - 2002

We examine the maximal-element rationalizability of choice functions with arbitrary domains. While rationality … thoroughly in the earlier literature, this is not the case for maximal-element rationalizability, except when it coincides with … greatest-element rationalizability because of properties imposed on the rationalizing relation. We develop necessary and …

Persistent link: https://www.econbiz.de/10005545606

Maximal-Element Rationalizability

BOSSERT, Walter; SPRUMONT, Yves; SUZUMURA, Kotaro - Département de Sciences Économiques, Université de … - 2002

We examine the maximal-element rationalizability of choice functions with arbitrary do-mains. While rationality … thoroughly in the earlier litera-ture, this is not the case for maximal-element rationalizability, except when it coincides with … greatest-element rationalizability because of properties imposed on the rationalizing relation. We develop necessary and …

Persistent link: https://www.econbiz.de/10005545643

Maximal-Element Rationalizability

Bossert, Walter; Sprumont, Yves; Suzumura, Kotaro - Center for Intergenerational Studies, Institute of … - 2002

Persistent link: https://www.econbiz.de/10005018601

Liberty, equality, and impossibility: some general results in the space of 'soft' preferences

Subramanian, S. - In: Journal of Economic Policy Reform 13 (2010) 4, pp. 325-341

This paper is concerned with examining the mutual compatibility of the ethical principles of equity and liberty in a social choice framework of ordinally formulated vague preferences. With sufficiently weakened versions of the liberty and equity principles, one can secure an existence result in...

Persistent link: https://www.econbiz.de/10009208191

On the Rationalizability of Observed Consumers Choise when Prefeerences else

Bilancini, Ennio - Dipartimento di Economia "Marco Biagi", Università … - 2010

we prove that defining consumers' preferences over budget sets is both necessary and sufficient to make every fully informative and finite set of observed consumption choices rationalizable by a collection of preferences which are transitive, complete, and monotone with respect to own...

Persistent link: https://www.econbiz.de/10010570830

On the beliefs off the path: Equilibrium refinement due to quantal response and level-k

Breitmoser, Yves; Tan, Jonathan H. W.; Zizzo, Daniel John - School of Economics, University of East Anglia - 2010

limiting logit equilibrium), and alternatively that of level-k reasoning (extensive form rationalizability), restricts beliefs …

Persistent link: https://www.econbiz.de/10010571487

Rationalizability in continuous games

Arieli, Itai - In: Journal of Mathematical Economics 46 (2010) 5, pp. 912-924

Define a continuous game to be one in which every player's strategy set is a Polish space, and the payoff function of each player is bounded and continuous. We prove that in this class of games the process of sequentially eliminating "never-best-reply" strategies terminates before or at the...

Persistent link: https://www.econbiz.de/10008870878

On the rationalizability of observed consumers’ choices when preferences depend on budget sets and (potentially) on anything else

Bilancini, Ennio - Dipartimento di Economia "Marco Biagi", Università … - 2010

We prove that defining consumers’ preferences over budget sets is both necessary and sufficient to make every fully informative and finite set of observed consumption choices rationalizable by a collection of preferences which are transitive, complete, and monotone with respect to own...

Persistent link: https://www.econbiz.de/10008740205