Lexicographic Preferences over Random Availability Functions

Fuente: arXiv
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Main Author: Lahiri, Somdeb
Format: Preprint
Published: 2025
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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