Every random choice rule is backwards-induction rationalizable
Motivated by the literature on random choice and in particular the random utility models, we extend the analysis in Bossert and Sprumont (2013) to include the possibility that players exhibit stochastic preferences over alternatives. We prove that every random choice rule is backwards-induction rati...
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2017
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sg-smu-ink.soe_research-31962019-06-10T02:03:27Z Every random choice rule is backwards-induction rationalizable LI, Jiangtao TANG, Rui Motivated by the literature on random choice and in particular the random utility models, we extend the analysis in Bossert and Sprumont (2013) to include the possibility that players exhibit stochastic preferences over alternatives. We prove that every random choice rule is backwards-induction rationalizable. 2017-07-01T07:00:00Z text application/pdf https://ink.library.smu.edu.sg/soe_research/2197 info:doi/10.1016/j.geb.2017.06.003 https://ink.library.smu.edu.sg/context/soe_research/article/3196/viewcontent/1_s20_S089982561730101X_main.pdf http://creativecommons.org/licenses/by-nc-nd/4.0/ Research Collection School Of Economics eng Institutional Knowledge at Singapore Management University Revealed preference Backwards-induction Rationalizability Random choice Stochastic preference Economic Theory |
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SMU Libraries |
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Revealed preference Backwards-induction Rationalizability Random choice Stochastic preference Economic Theory |
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Revealed preference Backwards-induction Rationalizability Random choice Stochastic preference Economic Theory LI, Jiangtao TANG, Rui Every random choice rule is backwards-induction rationalizable |
| description |
Motivated by the literature on random choice and in particular the random utility models, we extend the analysis in Bossert and Sprumont (2013) to include the possibility that players exhibit stochastic preferences over alternatives. We prove that every random choice rule is backwards-induction rationalizable. |
| format |
text |
| author |
LI, Jiangtao TANG, Rui |
| author_facet |
LI, Jiangtao TANG, Rui |
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LI, Jiangtao |
| title |
Every random choice rule is backwards-induction rationalizable |
| title_short |
Every random choice rule is backwards-induction rationalizable |
| title_full |
Every random choice rule is backwards-induction rationalizable |
| title_fullStr |
Every random choice rule is backwards-induction rationalizable |
| title_full_unstemmed |
Every random choice rule is backwards-induction rationalizable |
| title_sort |
every random choice rule is backwards-induction rationalizable |
| publisher |
Institutional Knowledge at Singapore Management University |
| publishDate |
2017 |
| url |
https://ink.library.smu.edu.sg/soe_research/2197 https://ink.library.smu.edu.sg/context/soe_research/article/3196/viewcontent/1_s20_S089982561730101X_main.pdf |
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