Abstract
A choice correspondence is weak justified if a non-chosen alternative is dominated by any other obtainable alternative, and for each discarded alternative there is some chosen alternative which dominates it. This definition allows us to build a connection between the behavioral property expressed by the weak axiom of revealed non-inferiority and a weak form of maximality It is weaker than the form of maximality characterized by the weak axiom of revealed preference.
| Original language | English |
|---|---|
| Pages (from-to) | 323-325 |
| Number of pages | 3 |
| Journal | Mathematical Social Sciences |
| Volume | 59 |
| Issue number | 3 |
| DOIs | |
| Publication status | Published - May 2010 |
Keywords
- Weak axiom of revealed non-inferiority
- Preference maximization
- INTRANSITIVE INDIFFERENCE
- CHOICE