A new perspective on classical choice problems using selection functions

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URL:	https://madoc.bib.uni-mannheim.de/36179
URN:	urn:nbn:de:bsz:180-madoc-361799
Document Type:	Working paper
Year of publication:	2014
The title of a journal, publication series:	Working Paper Series
Volume:	14-14
Place of publication:	Mannheim
Publication language:	English
Institution:	School of Law and Economics > VWL, Internat. Wirtschaftsbeziehungen (Adam)
MADOC publication series:	Department of Economics > Working Paper Series
Subject:	330 Economics
Classification:	JEL: C0 , D01 , D03 , D63 , D64,
Keywords (English):	behavioral economics , social preferences , beauty contest , higher order functions , quantifiers , selection functions
Abstract:	We use quantifiers and selection functions to generalize the classical economic approach to choice. Our framework encompasses preference and utility based approaches as special cases, but also extends to non-maximizing behavior and context-dependent motives such as social concerns. We adapt the method of quantifiers and selection functions which is based on higher-order functions and originate in computer science.

	Dieser Eintrag ist Teil der Universitätsbibliographie.
	Das Dokument wird vom Publikationsserver der Universitätsbibliothek Mannheim bereitgestellt.

BASE: Hedges, Jules ; Oliva, Paulo ; Winschel, Evguenia ; Winschel, Viktor ; Zahn, Philipp

Google Scholar: Hedges, Jules ; Oliva, Paulo ; Winschel, Evguenia ; Winschel, Viktor ; Zahn, Philipp

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