Showing 1 - 10 of 10
A decision maker (DM) may not perfectly maximize her preference over the feasible set. She may feel it is good enough to maximize her preference over a sufficiently large consideration set; or just require that her choice is sufficiently well-ranked (e.g., in the top quintile of options); or...
Persistent link: https://www.econbiz.de/10014102029
Persistent link: https://www.econbiz.de/10012207508
Persistent link: https://www.econbiz.de/10013277445
Persistent link: https://www.econbiz.de/10014334259
Persistent link: https://www.econbiz.de/10001501810
Persistent link: https://www.econbiz.de/10000968265
Persistent link: https://www.econbiz.de/10003910768
Persistent link: https://www.econbiz.de/10001245336
This paper contributes to a theory of rational choice under uncertainty for decision-makers whose preferences are exhaustively described by partial orders representing "limited information." Specifically, we consider the limiting case of "Complete Ignorance" decision problems characterized by...
Persistent link: https://www.econbiz.de/10014060833
Persistent link: https://www.econbiz.de/10001354457