A refinement of prudent choices
We characterize choice correspondences that can be rationalized by a procedure that is a refinement of the prudent choices exposed in (Houy, 2010). Our characterization is made by means of the usual expansion axiom [gamma] and a weakening of the usual contraction axiom [alpha]. We also make a link with traditional rationality.
Year of publication: |
2011
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Authors: | Houy, Nicolas |
Published in: |
Mathematical Social Sciences. - Elsevier, ISSN 0165-4896. - Vol. 61.2011, 3, p. 166-169
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Publisher: |
Elsevier |
Keywords: | Prudent choices Rational choices Multi-criteria decision making |
Saved in:
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