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A choice function is \textit{list rational(izable)}, if there is a fixed \textit{list} such that for each \textit{choice set}, successive comparison of the alternatives by following the \textit{list} retrieves the chosen alternative. We extend the formulation of list rationality to stochastic...
Persistent link: https://www.econbiz.de/10011599578
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A choice function is \textit{list rational(izable)}, if there is a fixed \textit{list} such that for each \textit{choice set}, successive comparison of the alternatives by following the \textit{list} retrieves the chosen alternative. We extend the formulation of list rationality to stochastic...
Persistent link: https://www.econbiz.de/10011672005
A choice function is \textit{list rational(izable)}, if there is a fixed \textit{list} such that for each \textit{choice set}, successive comparison of the alternatives by following the \textit{list} retrieves the chosen alternative. We extend the formulation of list rationality to stochastic...
Persistent link: https://www.econbiz.de/10011272738
This paper provides an algorithm for the construction of all PICFs on a finite set of alternatives, V, designed by an a priori given set I of initial choices as well as the determination of whether the initial set I is consistent with path independence. The algorithm is based on a new...
Persistent link: https://www.econbiz.de/10005753310
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Persistent link: https://www.econbiz.de/10015071998
We identify a natural counterpart of the standard GARP for demand data in which goods are all indivisible. We show that … rather minimally modify the original consumer problem with indivisible goods so that the standard GARP still applies. …
Persistent link: https://www.econbiz.de/10011065427