What kind of preference maximization does the weak axiom of revealed non-inferiority characterize?
Lombardi, M (2010) What kind of preference maximization does the weak axiom of revealed non-inferiority characterize? Mathematical Social Sciences, 59 (3). 323 - 325. ISSN 0165-4896
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A choice correspondence is weak justified if a non-chosen alternative is dominated by any other obtainable alternative, and for each discarded alternative there is some chosen alternative which dominates it. This definition allows us to build a connection between the behavioral property expressed by the weak axiom of revealed non-inferiority and a weak form of maximality. It is weaker than the form of maximality characterized by the weak axiom of revealed preference.
|Additional Information:||NOTICE: this is the author’s version of a work that was accepted for publication in Mathematical Social Sciences. Changes resulting from the publishing process, such as peer review, editing, corrections, structural formatting, and other quality control mechanisms may not be reflected in this document. Changes may have been made to this work since it was submitted for publication. A definitive version was subsequently published in Mathematical Social Sciences, 59(3), January 2010, DOI 10.1016/j.mathsocsci.2010.01.001.|
|Divisions:||Faculty of Business, Economics and Law > Economics|
|Depositing User:||Symplectic Elements|
|Date Deposited:||13 Jun 2012 11:30|
|Last Modified:||23 Sep 2013 19:22|
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