Results 11 to 20 of about 3,471 (205)

Maximal-Element Rationalizability [PDF]

open access: yesTheory and Decision, 2005
We examine the maximal-element rationalizability of choice functions with arbitrary domains. While rationality formulated in terms of the choice of greatest elements according to a rationalizing relation has been analyzed relatively thoroughly in the ...
Bossert, Walter   +2 more
core   +5 more sources

Interim Rationalizability [PDF]

open access: yesSSRN Electronic Journal, 2005
This paper proposes the solution concept of interim rationalizability, and shows that all type spaces that have the same hierarchies of beliefs have the same set of interim rationalizable outcomes.
Drew Fudenberg   +2 more
core   +3 more sources

Rationalizability for Social Environments [PDF]

open access: yesGames and Economic Behavior, 2004
Social environments constitute a framework in which it is possible to study how groups of agents interact in a society. The framework is general enough to analyse both non-cooperative and cooperative games.
Ana MAULEON   +2 more
core   +7 more sources

Rationalizability, cost-rationalizability, and Afriat’s efficiency index [PDF]

open access: yes, 2022
This note explains the equivalence between approximate rationalizability and approximate cost-rationalizability within the context of consumer demand. In connection with these results, we interpret Afriat's (1973) critical cost efficiency index (CCEI) as a measure of approximate rationalizability through cost inefficiency, in the sense that an agent is
Polisson, Matthew, Quah, John K.-H.
openaire   +3 more sources

Comprehensive rationalizability [PDF]

open access: yesGames and Economic Behavior, 2017
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Aviad Heifetz   +2 more
openaire   +2 more sources

Rationalizable Conjectural Equilibrium: Between Nash and Rationalizability [PDF]

open access: yesGames and Economic Behavior, 1994
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Ariel Rubinstein, Asher Wolinsky
openaire   +4 more sources

Social Rationalizability [PDF]

open access: yesSSRN Electronic Journal, 2000
Social environments constitute a framework in which it is possible to study how groups of agents interact in a society.The framework is general enough to analyse both non-cooperative and cooperative games.We identify a number of shortcomings of existing solution concepts that are used for social environments and propose a new concept called social ...
J. J. Herings   +2 more
openaire   +9 more sources

Rationalizable Implementation [PDF]

open access: yesSSRN Electronic Journal, 2010
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Bergemann, Dirk   +2 more
openaire   +4 more sources

Non-rationalizable Individuals, Stochastic Rationalizability, and Sampling [PDF]

open access: yesSSRN Electronic Journal, 2021
Experimental work regularly finds that individual choices are not deterministically rationalized by well-defined preferences. Nonetheless, recent work shows that data collected from many individuals can be stochastically rationalized by a distribution of well-defined preferences.
Im, Changkuk, Rehbeck, John
openaire   +2 more sources

Sequentially Rationalizable Choice [PDF]

open access: yesAmerican Economic Review, 2007
A sequentially rationalizable choice function is a choice function that can be retrieved by applying sequentially to each choice problem the same fixed set of asymmetric binary relations (rationales) to remove inferior alternatives. These concepts translate into economic language some human choice heuristics studied in psychology and explain cyclical ...
Manzini, Paola, Mariotti, Marco
openaire   +3 more sources

Home - About - Disclaimer - Privacy