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The T-periodic choice with limited loyalty

Author

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  • Muhammad Mahajne

    (Univ. Lyon, UJM Saint-Etienne, CNRS, GATE L-SE UMR 5824, F-42023 Saint-Etienne, France)

Abstract

We study a decision-maker who selects, in every fixed period of time, T times from every collection of feasible alternatives, where T is pre-determined by him. We axiomatize the class of T-choice functions according to which the decision-maker has fixed preference relation along the same period but has limited loyalty. The decision-maker selects, deterministically, in a way such that the higher an alternative is ranked by his preference relation the higher it is selected in his T choices.

Suggested Citation

  • Muhammad Mahajne, 2021. "The T-periodic choice with limited loyalty," Working Papers 2103, Groupe d'Analyse et de Théorie Economique Lyon St-Étienne (GATE Lyon St-Étienne), Université de Lyon.
    • Handle: RePEc:gat:wpaper:2103
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    References listed on IDEAS

    as
    1. Ariel Rubinstein & Yuval Salant, 2012. "Eliciting Welfare Preferences from Behavioural Data Sets," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 79(1), pages 375-387.
    2. Gil Kalai & Ariel Rubinstein & Ran Spiegler, 2002. "Rationalizing Choice Functions By Multiple Rationales," Econometrica, Econometric Society, vol. 70(6), pages 2481-2488, November.
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    More about this item

    Keywords

    Choice function; Axiomatization;

    JEL classification:

    • D01 - Microeconomics - - General - - - Microeconomic Behavior: Underlying Principles

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