Addendum to: "Ranking opportunity sets on the basis of similarities of preferences: a proposal"

Luc Lauwers, Tom Potoms and Carmen Vázquez

No 580589, Working Papers of Department of Economics, Leuven from KU Leuven, Faculty of Economics and Business (FEB), Department of Economics, Leuven

Abstract: Vázquez (2014) proposes to rank opportunity sets on the basis of the similarities of the elements within each set. The ranking rule, denoted by SL, is lexicographic and takes into account the indirect utility, the number of elements that are similar to the best element, and finally 1 the utilities of representatives of subsequently lower similarity classes. This note corrects a gap in the characterization of this rule.

Date: 2017
New Economics Papers: this item is included in nep-upt
Note: paper number DPS 17.05
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Published in CES. Discussion Paper Series., pages 1-6

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Journal Article: Addendum to: “Ranking opportunity sets on the basis of similarities of preferences: A proposal” (2017)
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Persistent link: https://EconPapers.repec.org/RePEc:ete:ceswps:580589

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