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Stochastic semi-orders

Author

Listed:
  • Horan, Sean

Abstract

In the late 1950's, Luce developed two theories of imperfect utility discrimination that have had a lasting effect on economics. The first (1956) initiated the literature on incomplete preferences while the second (1959) laid the foundations for the literature on discrete choice.

Suggested Citation

  • Horan, Sean, 2021. "Stochastic semi-orders," Journal of Economic Theory, Elsevier, vol. 192(C).
    • Handle: RePEc:eee:jetheo:v:192:y:2021:i:c:s0022053120301642
    DOI: 10.1016/j.jet.2020.105171
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    Citations

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    Cited by:

    1. Dongwoo Lee & Hans Haller, 2022. "Selective attribute rules," Journal of Economics, Springer, vol. 137(3), pages 229-254, December.
    2. Efe A. Ok & Gerelt Tserenjigmid, 2023. "Measuring Stochastic Rationality," Papers 2303.08202, arXiv.org, revised Dec 2023.
    3. Cerreia-Vioglio, Simone & Lindberg, Per Olov & Maccheroni, Fabio & Marinacci, Massimo & Rustichini, Aldo, 2021. "A canon of probabilistic rationality," Journal of Economic Theory, Elsevier, vol. 196(C).
    4. Faro, José Heleno, 2023. "The Luce model with replicas," Journal of Economic Theory, Elsevier, vol. 208(C).
    5. Doğan, Serhat & Yıldız, Kemal, 2021. "Odds supermodularity and the Luce rule," Games and Economic Behavior, Elsevier, vol. 126(C), pages 443-452.

    More about this item

    Keywords

    Just noticeable difference; Semi-order; Luce choice axiom; Strict utility model; Imperfect utility discrimination;
    All these keywords.

    JEL classification:

    • D01 - Microeconomics - - General - - - Microeconomic Behavior: Underlying Principles
    • D03 - Microeconomics - - General - - - Behavioral Microeconomics: Underlying Principles

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