Results 1 to 10 of about 2,351 (95)

Set-Rationalizable Choice and Self-Stability [PDF]

Journal of Economic Theory, 2009
A common assumption in modern microeconomic theory is that choice should be rationalizable via a binary preference relation, which \citeauthor{Sen71a} showed to be equivalent to two consistency conditions, namely $\alpha$ (contraction) and $\gamma ...
Aizerman, Aizerman, Allingham, Arlegi, Arrow, Arrow, Austen-Smith, Banks, Barberà, Blair, Blau, Bordes, Bordes, Bordes, Brandt, Campbell, Chernoff, Dutta, Dutta, Felix Brandt, Fishburn, Herzberger, Kelly, Laffond, Laffond, Laslier, Mas-Colell, Miller, Moulin, Moulin, Moulin, Paul Harrenstein, Plott, Richter, Samuelson, Schwartz, Schwartz, Schwartz, Schwartz, Sen, Sen, Sen, Sen, Sen, Sen, Taylor, von Neumann   +46 more
core   +5 more sources

Common Belief in Choquet Rationality and Ambiguity Attitudes – Extended Abstract [PDF]

Electronic Proceedings in Theoretical Computer Science, 2019
We consider finite games in strategic form with Choquet expected utility. Using the notion of (unambiguously) believed, we define Choquet rationalizability and characterize it by Choquet rationality and common beliefs in Choquet rationality in the ...
Adam Dominiak, Burkhard Schipper
doaj   +1 more source

Rationalizable Incentives: Interim Implementation of Sets in Rationalizable Strategies

SSRN Electronic Journal, 2020
We offer a rationalization of the weak axiom of revealed preference (WARP) and of the weak generalized axiom of revealed preference (WGARP) for both finite and infinite data sets of consumer choice. We call it maximin rationalization, in which each pairwise choice is associated with a local utility function.
KUNIMOTO, Takashi, SERRANO, Roberto
openaire   +2 more sources

On the rationalizability of observed consumers’ choices when preferences depend on budget sets: comment [PDF]

Journal of Economics, 2012
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Frank, Robert H., Nagler, Matthew G.
openaire   +1 more source

Individually-rational collective choice [PDF]

, 2007
There is a collection of exogenously given socially-feasible sets, and, for each one of them, each individual in a group chooses from an individually-feasible set.
Andrés Carvajal, D. McFadden, G. Debreu, J. Falmagne, M. Richter, R. Matzkin, S. Barberá, S. Clark, T. Bandyopadhyay, W. Hildenbrand   +9 more
core   +2 more sources

The Empirical Implications of Privacy-Aware Choice [PDF]

, 2014
This paper initiates the study of the testable implications of choice data in settings where agents have privacy preferences. We adapt the standard conceptualization of consumer choice theory to a situation where the consumer is aware of, and has ...
Cummings, Rachel, Echenique, Federico, Wierman, Adam   +2 more
core   +5 more sources

Econometrics for Learning Agents

, 2015
The main goal of this paper is to develop a theory of inference of player valuations from observed data in the generalized second price auction without relying on the Nash equilibrium assumption.
Nekipelov, Denis, Syrgkanis, Vasilis, Tardos, Eva   +2 more
core   +1 more source

HIERARCHIES OF BELIEF AND INTERIM RATIONALIZABILITY [PDF]

In games with incomplete information, conventional hierarchies of belief are incomplete as descriptions of the players’ information for the purposes of determining a player’s behavior.
JEFFREY C. ELY, MARCIN PESKI
core   +3 more sources

On the beliefs off the path: equilibrium refinement due to quantal response and level-k [PDF]

, 2010
This paper studies the relevance of equilibrium and nonequilibrium explanations of behavior, with respects to equilibrium refinement, as players gain experience. We investigate this experimentally using an incomplete information sequential move game with
Breitmoser, Yves, Tan, Jonathan H W, Zizzo, Daniel   +2 more
core   +1 more source