Showing 1 - 10 of 439
This paper considers the problem of social evaluation in a model where population size, individual lifetime utilities, lengths of life, and birth dates vary across states. We investigate principles for social evaluation in an intertemporal framework and show that history must matter to some...
Persistent link: https://www.econbiz.de/10012775287
Persistent link: https://www.econbiz.de/10002853846
The rationalizability of a choice function by means of a transitive relation has been analyzed thoroughly in the literature. However, not much seems to be known when transitivity is weakened to quasi-transitivity or acyclicity. We describe the logical relationship between the different notions...
Persistent link: https://www.econbiz.de/10005545561
We provide a characterization of selection correspondences in two-person exchange economies that can be core rationalized in the sens that there exists a preference profil with some standard properties that generates the observed choices as the set core elements of the economy for any given...
Persistent link: https://www.econbiz.de/10005545592
We analyze an alternative to the standard rationalizability requirement for observed choice bu considering non-deteriorating selections.
Persistent link: https://www.econbiz.de/10005345991
We examine the maximal-element rationalizability of choice functions with arbitrary domains. While rationality formulated in terms of the choice of greatest elements according to a rationalizing relation has been analyzed relatively thoroughly in the earlier literature, this is not the case for...
Persistent link: https://www.econbiz.de/10005545606
We examine the maximal-element rationalizability of choice functions with arbitrary do-mains. While rationality formulated in terms of the choice of greatest elements according to a rationalizing relation has been analyzed relatively thoroughly in the earlier litera-ture, this is not the case...
Persistent link: https://www.econbiz.de/10005545643
We analyze an alternative to the standard rationalizability requirement for observed choices by considering non-deteriorating selections. A selection function is a generalization of a choice function where selected alternatives may depend on a reference (or status quo) alternative in addition to...
Persistent link: https://www.econbiz.de/10005545650
The rationalizability of a choice function by means of a transitive relation has been analyzed thoroughly in the literature. However, not much seems to be known when transitivity is weakened to quasi-transitivity or acyclicity. We describe the logical relationships between the different notions...
Persistent link: https://www.econbiz.de/10005545675
Persistent link: https://www.econbiz.de/10005388306