- Title
- Additive Representation for Preferences over Menus in Finite Choice Settings
- Author(s)
- Leandro Gorno Leandro Gorno (Princeton University)
- Abstract
- This paper proves that the additive representation of Dekel-Lipman-Rustichini (2001) is consistent with any preference relation among the deterministic alternatives in their model. The result yields an additive representation which relaxes both the monotonicity and ordinal sub-modularity axioms in Kreps (1979) flexibility representation theorem.
- Creation Date
- 2012-09
- Section URL ID
- ET
- Paper Number
- wp044_2012_Gorno_additive_representation.pdf
- URL
- http://detc.princeton.edu/wp-content/uploads/2016/11/wp044_2012_Gorno_additive_representation.pdf
- File Function
- Jel
- D81
- Keyword(s)
- Dynamic choice; Preference for flexibility; Preference for commitment
- Suppress
- false
- Series
- 10