Additive representation for preferences over menus in finite choice settings

dc.contributorEscolas::EPGE
dc.contributorFGV
dc.creatorGorno, Leandro
dc.date.accessioned2018-10-25T18:24:06Z
dc.date.available2018-10-25T18:24:06Z
dc.date.created2018-10-25T18:24:06Z
dc.date.issued2016
dc.identifier0304-4068
dc.identifierhttp://hdl.handle.net/10438/25477
dc.identifier10.1016/j.jmateco.2016.05.002
dc.identifier2-s2.0-84975504162
dc.description.abstractThis 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. © 2016 Elsevier B.V.
dc.languageeng
dc.publisherElsevier
dc.relationJournal of Mathematical Economics
dc.rightsrestrictedAccess
dc.sourceScopus
dc.subjectDynamic Choice
dc.subjectPreference For Commitment
dc.subjectPreference For Flexibility
dc.titleAdditive representation for preferences over menus in finite choice settings
dc.typeArticle (Journal/Review)


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