Chambers, Christopher P.; Miller, Alan D. - In: Theoretical economics : TE ; an open access journal in … 13 (2018) 2, pp. 485-504
We investigate a normative theory of incomplete preferences in the context of preliminary screening procedures. We introduce a theory of ranking in the presence of objectively incomparable marginal contributions (apples and oranges). Our theory recommends benchmarking, a method under which an...