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Rationalizing Choice Functions By Multiple Rationales

Author

Listed:
  • Gil Kalai

    (Uppsala University, Sweden)

  • Ariel Rubinstein

    (MIT)

  • Ran Spiegler

Abstract

The paper presents a notion of rationalizing choice functions that violate the “Independence of Irrelevant Alternatives” axiom. A collection of linear orderings is said to provide a rationalization by multiple rationales for a choice function if the choice from any choice set can be rationalized by one of the orderings. We characterize a tight upper bound on the minimal number of orderings that is required to rationalize arbitrary choice functions, and calculate the minimal number for several specific choice procedures.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Gil Kalai & Ariel Rubinstein & Ran Spiegler, 2002. "Rationalizing Choice Functions By Multiple Rationales," Econometrica, Econometric Society, vol. 70(6), pages 2481-2488, November.
    • Handle: RePEc:ecm:emetrp:v:70:y:2002:i:6:p:2481-2488
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    References listed on IDEAS

    as
    1. McFadden, Daniel, 1999. "Rationality for Economists?," Journal of Risk and Uncertainty, Springer, vol. 19(1-3), pages 73-105, December.
    2. Sen, Amartya, 1993. "Internal Consistency of Choice," Econometrica, Econometric Society, vol. 61(3), pages 495-521, May.
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