Incomplete preferences and the preference for flexibility
نویسندگان
چکیده
منابع مشابه
Dynamic Preference for Flexibility Dynamic Preference for Flexibility
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15 صفحه اولChoice deferral, indecisiveness and preference for flexibility
We introduce a model of menu choice in which a person’s psychological tastes and revealed preferences may be distinct. The former is modeled by means of a possibly incomplete (but otherwise rational) preference relation <, and the latter by a completion <∗ of that relation. The two relations are connected through an axiom which formalizes the following intuitive rule: “Whenever in doubt about w...
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ژورنال
عنوان ژورنال: Mathematical Social Sciences
سال: 2001
ISSN: 0165-4896
DOI: 10.1016/s0165-4896(00)00058-5