کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
957291 928519 2012 9 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
On the likelihood of cyclic comparisons
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
On the likelihood of cyclic comparisons
چکیده انگلیسی
One problem caused by cycles of choice functions is indecisiveness-decision makers will be paralyzed when they face choice sets with more than two options. We investigate the procedure of “random sampling” where the alternatives are random variables. When comparing any two alternatives, the decision maker samples each of the alternatives once and ranks them according to the comparison between the two realizations. We show that while this procedure may lead to violations of transitivity, the probability of such cycles is bounded from above by 827. Even lower bounds are obtained for some other related procedures.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Economic Theory - Volume 147, Issue 6, November 2012, Pages 2483-2491
نویسندگان
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