Axiom of Revealed Non-inferiority Characterize? What kind of preference maximization does the weak axiom of revealed non-inferiority characterize?

نویسنده

  • Michele Lombardi
چکیده

A multi-valued choice is weak justi…ed if no chosen alternative is dominated by any other obtainable alternative, and for each discarded alternative there is some chosen alternative which dominates it. This de…nition allows us to build a connection between the behavioral property expressed by the weak axiom of revealed non-inferiority and a weak notion of rationality. Our notion of rationaity is weaker than that characterized by the weak axiom of revealed preference. J.E.L. codes: D0.

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تاریخ انتشار 2002