A new interpretation and derivation of the Swaps index

C-Tier
Journal: Economics Letters
Year: 2023
Volume: 226
Issue: C

Authors (2)

Cosaert, Sam (not in RePEc) Surana, Khushboo (University of York)

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

The Swaps index (Apesteguia and Ballester, 2015) is a popular measure of rationality in the revealed preference literature. In this note, we show a connection between the Swaps index and the Kemeny rule, a well-known method of preference aggregation in social choice theory. Our new interpretation of the Swaps index makes it a suitable measure of menu dependence in preferences.

Technical Details

RePEc Handle
repec:eee:ecolet:v:226:y:2023:i:c:s0165176523001349
Journal Field
General
Author Count
2
Added to Database
2026-01-25