Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
972550 | Mathematical Social Sciences | 2015 | 5 Pages |
Abstract
This paper contributes to the theory of rational choice under sequential criteria. Following the approach initiated by Manzini and Mariotti (2007) for single-valued choice functions, we characterize choice correspondences that are rational by two sequential criteria under a mild consistency axiom. Rationales ensuring the sequential rationalization are explicitly constructed and a uniquely determined, canonical solution is provided.
Related Topics
Physical Sciences and Engineering
Mathematics
Applied Mathematics
Authors
MarÃa D. GarcÃa-Sanz, José Carlos R. Alcantud,