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Absolute and relative time-consistent revealed preferences
- Source :
- Theory and decision, 66
- Publication Year :
- 2009
-
Abstract
- We introduce an Absolute (Relative) Time-consistent Axiom of Revealed Preference which characterizes the consistency of a choice function with the property of absolute (relative) time-consistency and impatience. The axiom requires that the absolute (relative) time-consistent and impatient closure of the revealed preference relation does not conflict with the strict revealed preference relation.
- Subjects :
- General Social Sciences
General Decision Sciences
Time-consistency
Revealed Preference, Choice Function
Computer Science Applications
Arts and Humanities (miscellaneous)
Closure (mathematics)
Absolute (philosophy)
Mathematics::Probability
Time consistency
Consistency (statistics)
Revealed preference
Statistics
Choice function
Developmental and Educational Psychology
Economie
General Economics, Econometrics and Finance
Preference (economics)
Mathematical economics
Applied Psychology
Axiom
Mathematics
Subjects
Details
- Language :
- English
- Database :
- OpenAIRE
- Journal :
- Theory and decision, 66
- Accession number :
- edsair.doi.dedup.....8b18578360cb37636e1c9e3c02f42e22