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Working Paper Series, School of Economics and Finance, Queen Mary, University of London >
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http://hdl.handle.net/10419/62905
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| Title: | | Uncovered set choice rule  |
| Authors: | | Lombardi, Michele |
| Issue Date: | | 2006 |
| Series/Report no.: | | Working Paper, Department of Economics, Queen Mary, University of London 563 |
| Abstract: | | I study necessary and sufficient conditions for a choice function to be rationalised in the following sense: there exists a complete asymmetric relation T (a tournament) such that for each feasible (finite) choice situation, the choice coincides with the uncovered set of T. This notion of rationality explains not only cyclical and context dependent choices observed in practice, but also provides testable restrictions on observable choice behavior. |
| Subjects: | | Rationalizability, Uncovered set, Intransitive choice |
| JEL: | | D01 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Working Paper Series, School of Economics and Finance, Queen Mary, University of London
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