Never choose the uniquely largest - A characterization

被引:26
作者
Baigent, N
Gaertner, W
机构
[1] GRAZ UNIV,DEPT PUBL ECON,A-8010 GRAZ,AUSTRIA
[2] UNIV OSNABRUCK,DEPT ECON,D-49069 OSNABRUCK,GERMANY
[3] HARVARD UNIV,DEPT ECON,CAMBRIDGE,MA 02138
关键词
D O I
10.1007/BF01211816
中图分类号
F [经济];
学科分类号
02 ;
摘要
In this paper we characterize choice behaviour that picks the second largest element if there is a uniquely largest; otherwise, the largest elements are picked. Having defined our choice function, we offer a complete characterization of the latter in terms of pure choice function conditions. Similarities to and divergences from conventional choice theory are explained. We discuss the motivations underlying our exercise and provide several examples for the axiomatized choice behaviour.
引用
收藏
页码:239 / 249
页数:11
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