Choice by Lexicographic Semiorders
We propose an extension of Tversky's lexicographic semiorder to a model of boundedly rational choice. We explore the connection with sequential rationalisability of choice, and we provide axiomatic characterisations of both models in terms of observable choice data.
|Date of creation:||Feb 2009|
|Date of revision:|
|Publication status:||published in: Theoretical Economics, 2012, 7 (1), 1-23.|
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