Partially dominant choice with transitive preferences
Dan Qin ()
Economic Theory Bulletin, 2017, vol. 5, issue 2, No 7, 198 pages
Abstract:
Abstract Gerasimou (Econ Theory 61(1):127–145, 2016) characterizes partially dominant choice with acyclic underlying preferences. In this article, we characterize partially dominant choice with transitive underlying preferences. We argue that transitivity is a more appropriate assumption on the underlying preference because the model is interpreted in a way that the deviation from standard rational choice procedures is due to multi-dimensionality and incommensurability of desirable attributes.
Keywords: Bounded rationality; Transitive preference; Partial dominance; Incomplete preference (search for similar items in EconPapers)
JEL-codes: D01 D11 (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (3)
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DOI: 10.1007/s40505-017-0113-8
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