A taxonomy of rationalization by incomplete preferences

Guy Barokas

Economics Letters, 2017, vol. 159, issue C, 138-141

Abstract: This paper provides a tight axiomatic relation between the following models: the standard rational choice model, non-domination rationalizability, rationalization by an incomplete Hype-relation (Aizerman and Malishevski, 1981), and the transitive version of the partial dominant choice model (Gerasimou, 2016). Thus, providing a taxonomy of rationalization by incomplete preferences.

Keywords: Rationalization; Incomplete Preference; Choice Functions; Revealed preference; Attraction effect (search for similar items in EconPapers)
JEL-codes: D11 D63 (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:159:y:2017:i:c:p:138-141

DOI: 10.1016/j.econlet.2017.07.031

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