Article ID Journal Published Year Pages File Type
7359320 Journal of Economic Theory 2018 14 Pages PDF
Abstract
For combinatorial choice problems, I show that the Irrelevance of Rejected Items condition is equivalent to the Weak Axiom of Revealed Preference (WARP), and is necessary and sufficient for the existence of a complete, reflexive and antisymmetric rationalization of a combinatorial choice function. I also show the equivalence of WARP to path independence and to other classical choice conditions when the choice domain is combinatorial.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Authors
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