Results 1 - 10 of 20,075

Envelope Theorems for Arbitrary Choice Sets

by Paul Milgrom, Ilya Segal - ECONOMETRICA , 2002
"... The standard envelope theorems apply to choice sets with convex and topological structure, providing sufficient conditions for the value function to be differentiable in a parameter and characterizing its derivative. This paper studies optimization with arbitrary choice sets and shows that the tradi ..."
Abstract - Cited by 211 (8 self) - Add to MetaCart
The standard envelope theorems apply to choice sets with convex and topological structure, providing sufficient conditions for the value function to be differentiable in a parameter and characterizing its derivative. This paper studies optimization with arbitrary choice sets and shows

The Computational Complexity of Choice Sets

by Felix Brandt, Felix Fischer, Paul Harrenstein
"... Social choice rules are often evaluated and compared by inquiring whether they satisfy certain desirable criteria such as the Condorcet criterion, which states that an alternative should always be chosen when more than half of the voters prefer it over any other alternative. Many of these criteria c ..."
Abstract - Cited by 25 (11 self) - Add to MetaCart
can be formulated in terms of choice sets that single out reasonable alternatives based on the preferences of the voters. In this paper, we consider choice sets whose definition merely relies on the pairwise majority relation. These sets include the Copeland set, the Smith set, the Schwartz set, von

Smart Choice Sets

by Benedict Dellaert , Tom Baker , Eric Johnson , Benedict Dellaert , Tom Baker , Eric Johnson , 2016
"... To overcome the curse of choice, we propose smart choice sets, sorted lists showcasing the top recommended options and the possibility to click to reveal the full list of options. Results from two survey-based experiments and a field study confirm that this new choice architecture tool improves con ..."
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To overcome the curse of choice, we propose smart choice sets, sorted lists showcasing the top recommended options and the possibility to click to reveal the full list of options. Results from two survey-based experiments and a field study confirm that this new choice architecture tool improves

The Computational Complexity of Choice Sets ∗

by Felix Br, Felix Fischer, Paul Harrenstein
"... Social choice rules are often evaluated and compared by inquiring whether they fulfill certain desirable criteria such as the Condorcet criterion, which states that an alternative should always be chosen when more than half of the voters prefer it over any other alternative. Many of these criteria c ..."
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can be formulated in terms of choice sets that single out reasonable alternatives based on the preferences of the voters. In this paper, we consider choice sets whose definition merely relies on the pairwise majority relation. These sets include the Copeland set, the Smith set, the Schwartz set, von

The Repugnant Conclusion on Realistic Choice Sets

by Leslie Shiell , 2005
"... Both classical and critical-level generalized utilitarianism (CGU and CLGU) exhibit the repugnant conclusion on an unrestricted choice set when repugnance is defined in terms of the critical level. However, contrary to common belief, the repugnant conclusion is not an inherent feature of utilitarian ..."
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Both classical and critical-level generalized utilitarianism (CGU and CLGU) exhibit the repugnant conclusion on an unrestricted choice set when repugnance is defined in terms of the critical level. However, contrary to common belief, the repugnant conclusion is not an inherent feature

Regret Theory with General Choice Sets

by John Quiggin - Journal of Risk and Uncertainty , 1994
"... The regret theory of choice under uncertainty proposed by Loomes and Sugden has performed well in explaining and predicting violations of Expected Utility theory. the original version of the model was confined to pairwise choices, which limited its usefulness as an economic theory of choice. Axioms ..."
Abstract - Cited by 17 (0 self) - Add to MetaCart
for a more general form of regret theory have been proposed by Loomes and Sugden. In this paper, it is shown that a simple non-manipulability requirement is sufficient to characterize the functional form for regret theory with general choice sets. The stochastic dominance and comparative static

Choice set propositions in destination decisions

by John L. Crompton, Paul K. Ankomah - Annals of Tourism Research , 1993
"... Abstract: Choice sets are a central component of destination selection models. The concept suggests that potential tourists develop an early set of possible destinations, reduce this number to form a late consideration set of probable alternatives, and make a final selection from that set. Research ..."
Abstract - Cited by 26 (2 self) - Add to MetaCart
Abstract: Choice sets are a central component of destination selection models. The concept suggests that potential tourists develop an early set of possible destinations, reduce this number to form a late consideration set of probable alternatives, and make a final selection from that set. Research

Optimal Electoral Choice Sets [1]

by Johannes Fedderke
"... ABSTRACT: We consider the optimal choice set of candidates standing for elected o¢ce. The decision dimensions are in the number of candidates standing for election, and the experiential base of the candidates standing for election as measured by the length of prior experience held by the candidates ..."
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ABSTRACT: We consider the optimal choice set of candidates standing for elected o¢ce. The decision dimensions are in the number of candidates standing for election, and the experiential base of the candidates standing for election as measured by the length of prior experience held by the candidates

Quantal Response Equilibria For Normal Form Games

by Richard D. McKelvey, Thomas R. Palfrey - NORMAL FORM GAMES, GAMES AND ECONOMIC BEHAVIOR , 1995
"... We investigate the use of standard statistical models for quantal choice in a game theoretic setting. Players choose strategies based on relative expected utility, and assume other players do so as well. We define a Quantal Response Equilibrium (QRE) as a fixed point of this process, and establish e ..."
Abstract - Cited by 647 (28 self) - Add to MetaCart
We investigate the use of standard statistical models for quantal choice in a game theoretic setting. Players choose strategies based on relative expected utility, and assume other players do so as well. We define a Quantal Response Equilibrium (QRE) as a fixed point of this process, and establish

The ordinal numbers

by Grzegorz Bancerek - Journal of Formalized Mathematics , 1989
"... Summary. We present the choice function rule in the beginning of the article. In the main part of the article we formalize the base of cardinal theory. In the first section we introduce the concept of cardinal numbers and order relations between them. We present here Cantor-Bernstein theorem and oth ..."
Abstract - Cited by 731 (68 self) - Add to MetaCart
Summary. We present the choice function rule in the beginning of the article. In the main part of the article we formalize the base of cardinal theory. In the first section we introduce the concept of cardinal numbers and order relations between them. We present here Cantor-Bernstein theorem
Results 1 - 10 of 20,075