Choice and individual welfare
نویسندگان
چکیده
منابع مشابه
Choice and individual welfare
We propose an abstract method of systematically assigning a “rational” preference to non-rationalizable choice data. We define an individual welfare functional as a mapping from stochastic choice functions into weak orders. A stochastic choice function (or choice distribution) gives the empirical frequency of choices for any possible opportunity set (framing factors may also be incorporated int...
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ed/Indexed in: ABS Academic Journal Quality Guide, CSA Political Science & Government, CSA Sociological Abstracts, Current
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ژورنال
عنوان ژورنال: Journal of Economic Theory
سال: 2012
ISSN: 0022-0531
DOI: 10.1016/j.jet.2012.01.013