Non-Deteriorating Choice

Walter Bossert () and Yves Sprumont

Economica, 2009, vol. 76, issue 302, pages 337-363

Abstract: A reference-dependent choice function is a generalization of a standard choice function where chosen alternatives may depend on a reference alternative in addition to the set of feasible options. Such a function is non-deteriorating if there exists an ordering over the universal set of alternatives according to which the chosen alternatives are at least as good as the reference option. We characterize non-deteriorating reference-dependent choice functions in a general framework and in an economic environment. Copyright (c) The London School of Economics and Political Science 2008.

Date: 2009

Downloads: (external link)
http://www.blackwell-synergy.com/doi/abs/10.1111/j.1468-0335.2007.00671.x link to full text (text/html)
Access to full text is restricted to subscribers.

Related works:
Working Paper: Non-Deteriorating Choice (2001)
Working Paper: Non-Deteriorating Choice (2001)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:bla:econom:v:76:y:2009:i:302:p:337-363

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0013-0427

Access Statistics for this article

Economica is edited by Frank Cowell, Tore Ellingsen and Alan Manning

More articles in Economica from London School of Economics and Political Science
Contact information at EDIRC.
Series data maintained by Christopher F. Baum ().