The structure of incomplete preferences

被引:4
|
作者
Gorno, Leandro [1 ]
机构
[1] FGV, Escola Brasileira Econ & Financas, EPGE, Praia Botafogo 190, BR-22250900 Rio De Janeiro, RJ, Brazil
关键词
Incomplete preferences; Indecisiveness; Maximal elements; Best elements; Revealed preference; UTILITY REPRESENTATION; COMPLETENESS AXIOM; INDECISIVENESS; CHOICE;
D O I
10.1007/s00199-017-1057-9
中图分类号
F [经济];
学科分类号
02 ;
摘要
I study incomplete preferences as a means to represent indecisiveness. A decomposition into maximal domains of comparability is characterized and used to link optimization of incomplete preferences with maximization of local utility functions. Larger maximal domains are shown to correspond to more decisive preferences. The decomposition can be uniquely recovered from choice data under standard assumptions. Applications to different models within decision theory are discussed.
引用
收藏
页码:159 / 185
页数:27
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