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Facing R. Sugden's criticism of our interpretation, it is shown in this paper that rationality appears as a possible consequence of Hume's theory of choice. We first argue that Sugden's dismissal of the preference relation from the type of rationality through which Hume's theory is apprehended,...
Persistent link: https://www.econbiz.de/10005463074
Drawing on passages in Book II of the Treatise of Human Nature (1739/40), in the Enquiry Concerning the Principles of Morals (1751), in the Dissertation on the Passions (1757), and in some of the Essays (1777), this paper is built upon Hume's distinction between three alternative valuations of...
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[fre] Nous abordons, dans cet article, le problème du choix dépendant du contexte posé dans Sen [1971, 1993, 1994, 1997] mais à travers une approche différente de celle adoptée dans Baigent et Gaertner [1996], Gaertner et Xu [1997, 1999 a, b, c]. Nous supposons, en effet, que le choix...
Persistent link: https://www.econbiz.de/10008624237
This paper contributes to the discussion of the compatibility of consumers' behavior in "real" life with GARP. Within expenditure panel data we observe a relatively low rate of violation (240 out of 3630 households). We show that these violations do not imply an "irrational" behavior of the...
Persistent link: https://www.econbiz.de/10010738461
Cet article discute de la compatibilité du comportement des consommateurs dans la vie réelle avec l'axiome GARP. A partir du panel polonais de 1987 à 1990, nous montrons que seulement 240 des 3630 ménages violent GARP. Ces violations ne semblent néanmoins pas indiquer un comportement...
Persistent link: https://www.econbiz.de/10010738558
We propose in this note a simple non-parametric test of Richter-rationality which is the basic definition of rationality used in choice functions theory. Loosely speaking, the data set is rationalizable in the Richter' sense if there exists a complete-acyclic binary relation that rationalizes...
Persistent link: https://www.econbiz.de/10010750387
Individual evaluation interviews have become a widespread practice. 52 % of employees in French manufacturing firms over 50 employees declared an annual individual evaluation interview in 1997. However whereas the problem of constructing an optimal contract with subjective evaluation (which is...
Persistent link: https://www.econbiz.de/10010750961