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Reference vectors in economic choice

Teycir Goucha ()

Theoretical and Applied Economics, 2013, vol. XX, issue 7(584), 109-118

Abstract: In this paper the introduction of notion of reference vector paves the way for a combination of classical and social approaches in the framework of referential preferences given by matrix groups. It is shown that individual demand issue from rational decision does not depend on that reference.

Keywords: choice; rationality; referential preferences; social approach; vectors. (search for similar items in EconPapers)
Date: 2013
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Working Paper: Reference Vectors in Economic Choice (2014) Downloads
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