English
Related papers

Related papers: Set-Rationalizable Choice and Self-Stability

200 papers

In this paper we provide a novel family of stochastic orders that generalizes second order stochastic dominance, which we call the $\alpha,[a,b]$-concave stochastic orders. These stochastic orders are generated by a novel set of "very"…

Probability · Mathematics 2021-04-28 Bar Light , Andres Perlroth

The traditional Arrow--Sen Social Choice Theory $\bf{TSCT}$ is a mathematical theory built apparently on higher--order formal language. In this paper, we propose a reformulation and reclassification of the $\bf{TSCT}$ axioms in order to…

Logic · Mathematics 2024-04-16 Branislav Boričić

Crawford's et al. (2021) article on estimation of discrete choice models with unobserved or latent consideration sets, presents a unified framework to address the problem in practice by using "sufficient sets", defined as a combination of…

Econometrics · Economics 2022-05-03 C. Angelo Guevara

We show that many bounded rationality patterns of choice can be alternatively represented as testable models of limited consideration, and we elicit the features of the associated unobserved consideration sets from the observed choice.…

Theoretical Economics · Economics 2024-03-08 Davide Carpentiere , Angelo Petralia

The binary relation framework has been shown to be applicable to many real-life preference handling scenarios. Here we study preference contraction: the problem of discarding selected preferences. We argue that the property of minimality…

Artificial Intelligence · Computer Science 2009-03-12 Denis Mindolin , Jan Chomicki

In many naturally occurring optimization problems one needs to ensure that the definition of the optimization problem lends itself to solutions that are tractable to compute. In cases where exact solutions cannot be computed tractably, it…

Machine Learning · Computer Science 2015-05-08 Bharath Sankaran , Marjan Ghazvininejad , Xinran He , David Kale , Liron Cohen

Experimental work regularly finds that individual choices are not deterministically rationalized by well-defined preferences. Nonetheless, recent work shows that data collected from many individuals can be stochastically rationalized by a…

Theoretical Economics · Economics 2021-10-22 Changkuk Im , John Rehbeck

We study how to infer new choices from prior choices using the framework of choice functions, a unifying mathematical framework for decision-making based on sets of preference orders. In particular, we define the natural (most conservative)…

Artificial Intelligence · Computer Science 2024-12-02 Arne Decadt , Alexander Erreygers , Jasper De Bock

As large language models (LLMs) like GPT become increasingly prevalent, it is essential that we assess their capabilities beyond language processing. This paper examines the economic rationality of GPT by instructing it to make budgetary…

General Economics · Economics 2023-11-07 Yiting Chen , Tracy Xiao Liu , You Shan , Songfa Zhong

In consumer theory, ranking available objects by means of preference relations yields the most common description of individual choices. However, preference-based models assume that individuals: (1) give their preferences only between pairs…

Machine Learning · Computer Science 2023-02-02 Alessio Benavoli , Dario Azzimonti , Dario Piga

In two-sided matching markets, ensuring both stability and strategy-proofness poses a significant challenge; it is impossible when agents' preferences are unrestricted. But what if agents' preferences have specific restricted structures?…

Theoretical Economics · Economics 2025-07-03 Pinaki Mandal

In economic theory, an agent chooses from available alternatives -- modeled as a set. In decisions in the field or in the lab, however, agents do not have access to the set of alternatives at once. Instead, alternatives are represented by…

Computer Science and Game Theory · Computer Science 2021-11-09 Paulo Oliva , Philipp Zahn

This study proposes a new efficiency requirement, a minimal almost weak Pareto principle, which says that x is socially better than y whenever the only one individual never prefers y to x, and all the others prefers x to y. Then, I show…

Theoretical Economics · Economics 2025-01-20 Norihito Sakamoto

The consistency formula for set theory can be stated in terms of the free-variables theory of primitive recursive maps. Free-variable p. r. predicates are decidable by set theory, main result here, built on recursive evaluation of p. r. map…

General Mathematics · Mathematics 2014-05-16 Michael Pfender

This study proposes a tractable stochastic choice model to identify motivations for prosocial behavior, and to explore alternative motivations of deliberate randomization beyond ex-ante fairness concerns. To represent social preferences, we…

Theoretical Economics · Economics 2023-05-01 Yosuke Hashidate , Keisuke Yoshihara

Some normal logic programs under the answer set (stable model) semantics lack the appealing property of "cautious monotonicity." That is, augmenting a program with one of its consequences may cause it to lose another of its consequences.…

Logic in Computer Science · Computer Science 2007-05-23 Hudson Turner

We investigate a generalisation of the coherent choice functions considered by Seidenfeld et al. (2010), by sticking to the convexity axiom but imposing no Archimedeanity condition. We define our choice functions on vector spaces of…

Artificial Intelligence · Computer Science 2017-07-12 Arthur Van Camp , Gert de Cooman , Enrique Miranda

Explainable Recommendation has been gaining attention over the last few years in industry and academia. Explanations provided along with recommendations in a recommender system framework have many uses: particularly reasoning why a…

Information Retrieval · Computer Science 2024-05-06 Sairamvinay Vijayaraghavan , Prasant Mohapatra

Tarski gave a general semantics for deductive reasoning: a formula a may be deduced from a set A of formulas iff a holds in all models in which each of the elements of A holds. A more liberal semantics has been considered: a formula a may…

Artificial Intelligence · Computer Science 2007-05-23 Daniel Lehmann

We consider classes of non-manipulable social choice functions with range of cardinality at most two within a set of at least two alternatives. We provide the functional form for each of the classes we consider. This functional form is a…

Theoretical Economics · Economics 2024-02-28 Achille Basile , K. P. S. Bhaskara Rao , Surekha Rao