A canon of probabilistic rationality

نویسندگان

چکیده

We prove that a random choice rule satisfies Luce's Choice Axiom if and only its support is correspondence the Weak of Revealed Preference, thus it consists alternatives are optimal according to some preference, then occurs tie-breaking mechanism among such Renyi's Conditioning Axiom. Our result shows is, in precise formal sense, probabilistic version It supports view his own axiom as “canon rationality.”

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ژورنال

عنوان ژورنال: Journal of Economic Theory

سال: 2021

ISSN: ['1095-7235', '0022-0531']

DOI: https://doi.org/10.1016/j.jet.2021.105289