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Measuring indecisiveness

Author

Listed:
  • Ramses H. Abul Naga

    (Departamento de Teoría e Historia Económica, Universidad de Málaga and Faculté de Gou- vernance, sciences économiques et sociales, Université Mohammed VI Polytechnique.)

  • Mauro Papi

    (Business School, University of Aberdeen.)

Abstract

We examine the problem of ordering decision-makers exhibiting incomplete preferences, by the extent of their decisiveness. We provide an axiomatic derivation of a new decisiveness ordering and two decisiveness metrics, and explore how these relate to one another, and to existing approaches in the literature. Illustrative examples are provided using consumer choice data.

Suggested Citation

  • Ramses H. Abul Naga & Mauro Papi, 2024. "Measuring indecisiveness," Working Papers 2024-04, Universidad de Málaga, Department of Economic Theory, Málaga Economic Theory Research Center.
    • Handle: RePEc:mal:wpaper:2024-4
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