Confidence models of incomplete preferences

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Confidence models of incomplete preferences

This paper introduces and axiomatizes a new class of representations for incomplete preferences called confidence models. Confidence models describe decision makers who behave as if they have probabilistic uncertainty over their true preferences, and are only willing to express a binary preference if it is sufficiently likely to hold. Confidence models are flexible enough to model behavior on a...

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ژورنال

عنوان ژورنال: Mathematical Social Sciences

سال: 2016

ISSN: 0165-4896

DOI: 10.1016/j.mathsocsci.2016.06.005