Arlegi, Ritxar; Teschl, Miriam - Departamento de Economía - Universidad Pública de Navarra - 2012
In this paper we argue, inspired by some psychological literature, that choices are the outcome of the interplay of different, potentially conflicting motivations. We propose an axiomatic approach with two motivations, which we assume to be single-peaked over a certain given dimension. We first...