Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/129567
Authors: 
Hedges, Jules
Oliva, Paulo
Winschel, Evguenia
Winschel, Viktor
Zahn, Philipp
Year of Publication: 
2014
Series/Report no.: 
Working Paper Series, Department of Economics, University of Mannheim 14-14
Abstract: 
We use quantifiers and selection functions to generalize the classical economic approach to choice. Our framework encompasses preference and utility based approaches as special cases, but also extends to non-maximizing behavior and context-dependent motives such as social concerns. We adapt the method of quantifiers and selection functions which is based on higher-order functions and originate in computer science.
Subjects: 
behavioral economics
social preferences
beauty contest
higher order functions
quantifiers
selection functions
JEL: 
C0
D01
D03
D63
D64
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

Files in This Item:
File
Size
281.99 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.