Stochastic semi-orders

Sean Horan

Journal of Economic Theory, 2021, vol. 192, issue C

Abstract: In the late 1950's, Luce developed two theories of imperfect utility discrimination that have had a lasting effect on economics. The first (1956) initiated the literature on incomplete preferences while the second (1959) laid the foundations for the literature on discrete choice.

Keywords: Just noticeable difference; Semi-order; Luce choice axiom; Strict utility model; Imperfect utility discrimination (search for similar items in EconPapers)
JEL-codes: D01 D03 (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (7)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:jetheo:v:192:y:2021:i:c:s0022053120301642

DOI: 10.1016/j.jet.2020.105171

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