Relevance and Symmetry.

We define a behavioral concept of relevance in the context of decision making under uncertainty. We argue that this concept provides a sensible answer to the question “What probabilistic environments do an individuals’ preferences reveal as mattering to her decisions?” under a symmetry assumption....

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Bibliographic Details
Main Authors: Klibanoff, P, Mukerji, S, Seo, K
Format: Working paper
Language:English
Published: Department of Economics (University of Oxford) 2011