The class of opportunity filters and the preference revealed by a path independent choice function
The purpose of this paper is to replicate the theory developed by Gekker (2001), without using any monotonicity assumption. We however retain a non-triviality assumption implicit in Gekker (2001), which says that there is at least one opportunity set which is preferred to the no-choice situation. In...
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Universidade Federal de Minas Gerais
2004-04-01
|
| Series: | Nova Economia |
| Subjects: | |
| Online Access: | http://www.face.ufmg.br/novaeconomia/sumarios/v14n1/Lahiri.pdf |