Comparing preference orders: Asymptotic independence

Kazuya Kikuchi

Mathematical Social Sciences, 2016, vol. 79, issue C, 1-5

Abstract: A decision maker is presented with two preference orders over n objects and chooses the one which is “closer” to his own preference order. We consider several plausible comparison rules that the decision maker might employ. We show that when n is large and the pair of orders to be compared randomly realizes, different comparison rules lead to statistically almost independent choices. Thus, two people with a common preference relation may nonetheless exhibit almost uncorrelated choice patterns.

Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:eee:matsoc:v:79:y:2016:i:c:p:1-5

DOI: 10.1016/j.mathsocsci.2015.10.005

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