A Boundedly Rational Decision-Making Model Based on Weakly Consistent Preference Relations
Completeness is one of the basic assumptions about the rational preference relation in classical decision theory. Strongly and weakly consistent preferences are presented by abandoning the completeness of the rational preference relation. Some expansion and contraction conditions are proposed and th...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
MDPI AG
2022-04-01
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Series: | Symmetry |
Subjects: | |
Online Access: | https://www.mdpi.com/2073-8994/14/5/918 |