Additive representation for preferences over menus in finite choice settings

B-Tier
Journal: Journal of Mathematical Economics
Year: 2016
Volume: 65
Issue: C
Pages: 41-47

Score contribution per author:

2.011 = (α=2.01 / 1 authors) × 1.0x B-tier

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

Abstract

This paper obtains an additive representation for preferences over subsets of a finite set relaxing the two substantive axioms in Kreps (1979) flexibility theorem. The result implies that the lottery structure and assumptions employed by Dekel, Lipman and Rustichini (2001) to identify the subjective state-space do not introduce extraneous restrictions on deterministic choice behavior. This property does not necessarily hold when additional axioms are imposed.

Technical Details

RePEc Handle
repec:eee:mateco:v:65:y:2016:i:c:p:41-47
Journal Field
Theory
Author Count
1
Added to Database
2026-01-25