Rationality in a general model of choice

Somdeb Lahiri

Journal of Economic and Financial Studies (JEFS), 2015, vol. 3, issue 5, 43-52

Abstract: In this paper we consider choice correspondences which may be empty-valued. We study conditions under which such choice correspondences are rational, transitively rational, partially rational, partially almost transitive rational, partially almost quasi-transitive rational. This provides fresh impetus and understanding of multi-criteria decision making.

Keywords: Almost quasi-transitive; almost transitive; partially rational; quasi-transitive. (search for similar items in EconPapers)
JEL-codes: C61 D71 (search for similar items in EconPapers)
Date: 2015
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Working Paper: Rationality in a general model of choice (2008)
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Persistent link: https://EconPapers.repec.org/RePEc:lrc:lareco:v:3:y:2015:i:5:p:43-52

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