Weak pseudo-rationalizability
This paper generalizes rationalizability of a choice function by a single acyclic binary relation to rationalizability by a set of such relations. Rather than selecting those options in a menu that are maximal with respect to a single binary relation, a weakly pseudo-rationalizable choice function s...
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Veröffentlicht in: | Mathematical social sciences 2020-03, Vol.104, p.23-28 |
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Format: | Artikel |
Sprache: | eng |
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Zusammenfassung: | This paper generalizes rationalizability of a choice function by a single acyclic binary relation to rationalizability by a set of such relations. Rather than selecting those options in a menu that are maximal with respect to a single binary relation, a weakly pseudo-rationalizable choice function selects those options that are maximal with respect to at least one binary relation in a given set. I characterize the class of weakly pseudo-rationalizable choice functions in terms of simple functional properties. This result also generalizes Aizerman and Malishevski’s characterization of pseudo-rationalizable choice functions, that is, choice functions rationalizable by a set of total orders.
•I characterize rationalizability by a set of acyclic binary relations.•The relevant properties are Sen’s property α and a weakening of Sen’s property γ.•This result generalizes the decomposition for pseudo-rationalizable choice functions. |
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ISSN: | 0165-4896 1879-3118 |
DOI: | 10.1016/j.mathsocsci.2020.01.003 |