Consequence of chernoff and outcasting
dc.contributor.author | Lahiri, Somdeb | |
dc.date.accessioned | 2009-12-12T11:19:52Z | |
dc.date.available | 2009-12-12T11:19:52Z | |
dc.date.copyright | 1999-12 | |
dc.date.issued | 2009-12-12T11:19:52Z | |
dc.identifier.uri | http://hdl.handle.net/11718/613 | |
dc.description.abstract | The purpose of this paper is to prove by induction the theorem (in Aizerman and Malishevsi [1981]) that a choice function which satisfies Chernoff s axiom and Outcasting can always by expressed as the union of the solution sets of a finite number of maximization problems. The proof we offer is considerably simpler than the one in Aizerman and Malishevski [1981]. In Moulin [1985], a discussion of a similar result is available. Our framework closely resembles the one of choice theory as enunciated in Moulin [1985]. It is well known that a combination of Chernoff s axiom and Outcasting is equivalent to a property called Path Independence (See Moulin [1985]). | en |
dc.language.iso | en | en |
dc.relation.ispartofseries | WP;99-12-03/1566 | |
dc.subject | Choice theory | en |
dc.title | Consequence of chernoff and outcasting | en |
dc.type | Working Paper | en |
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