Choice on the simplex domain

DOI10.1016/J.JMATECO.2019.07.002MaRDI QIDQ2338656zbMATH OpenOpenAlexWikidataFDO

Authors Walter Bossert, Hans Peters

Publication date 21 November 2019

Published in Journal of Mathematical Economics (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.jmateco.2019.07.002

zbMATH Keywords

choice rulesrepresentabilityrevealed preference

Mathematics Subject Classification ID

Decision theory (91B06) Social choice (91B14) Resource and cost allocation (including fair division, apportionment, etc.) (91B32)

Review text

The authors consider a \(n\)-agent choice problem: there is a surplus of a perfectly divisible good, which has to be divided among n agents with an entitled minimal share. The choice problem is represented by the unit simplex and its subsimplices. Choice rules with 3 properties are analyzed: independence of irrelevant alternatives, continuity (with respect to minimal shares), monotonicity (fairness). The authors give a new proof for these choice rules to be represantable by a real valued function (based on the Lebesgue-measure of choice sets). Other theorems give characterizations of path collections and weak or strong revealed preference relations. Special results are obtained for \(n=3\).

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Cites work

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Cited in

(7)

• Some remarks on properties for choice functions
• A separation result for stationary preferences
• Single-basined choice
• scientific article; zbMATH DE number 426297 (Why is no real title available?)
• A revealed preference analysis of solutions to simple allocation problems
• scientific article; zbMATH DE number 2019830 (Why is no real title available?)
• On capacity-filling and substitutable choice rules

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