Choice Problems with a "Reference" Point

A. Rubinstein and Lin Zhou
Authors registered in the RePEc Author Service: Ariel Rubinstein () and Alexander Yakovlevich Rubinstein

Working Papers from Tel Aviv

Abstract: In many decision scenarios, one has to choose an element from a set S given some reference point e. For the case where S is a subset of the Euclidean space , we axiomatize the choice method that selects the point in S that is closet to e.

Keywords: DECISION; MAKING (search for similar items in EconPapers)
JEL-codes: D80 D81 (search for similar items in EconPapers)
Pages: 6 pages
Date: 1997
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Citations: View citations in EconPapers (5)

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Journal Article: Choice problems with a 'reference' point (1999)
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Persistent link: https://EconPapers.repec.org/RePEc:fth:teavfo:28-97

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