A refinement of prudent choices

Nicolas Houy

Working Papers from HAL

Abstract: We charaterize the choice correspondences that can be rationalized by a procedure that is a refinement of the prudent choices exposed in [Houy, 2008]. Our characterization is made by means of the usual expansion axiom and by a weakening of the usual contraction axiom α.

Keywords: Prudent choices; multi-criteria decision making.; multi-criteria decision making (search for similar items in EconPapers)
Date: 2008-04
Note: View the original document on HAL open archive server: https://hal.science/hal-00360523
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Journal Article: A refinement of prudent choices (2011)
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