Lexicographic Preferences over Random Availability Functions
Fuente:
arXiv
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| Format: | Preprint |
| Published: |
2025
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| _version_ | 1866912678734200832 |
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| author | Lahiri, Somdeb |
| author_facet | Lahiri, Somdeb |
| contents | We provide an axiomatic characterization of lexicographic preferences over the set of all random availability functions using two assumptions. The first assumption is strong monotonicity, which in our framework is equivalent to the strong dominance property in microeconomics. The second assumption is independence of worse alternatives and we show that a weaker version of the same suffices for our purpose. |
| format | Preprint |
| id |
arxiv_https___arxiv_org_abs_2505_12997 |
| institution | arXiv |
| publishDate | 2025 |
| record_format | arxiv |
| spellingShingle | Lexicographic Preferences over Random Availability Functions Lahiri, Somdeb Theoretical Economics Optimization and Control We provide an axiomatic characterization of lexicographic preferences over the set of all random availability functions using two assumptions. The first assumption is strong monotonicity, which in our framework is equivalent to the strong dominance property in microeconomics. The second assumption is independence of worse alternatives and we show that a weaker version of the same suffices for our purpose. |
| title | Lexicographic Preferences over Random Availability Functions |
| topic | Theoretical Economics Optimization and Control |
| url | https://arxiv.org/abs/2505.12997 |