English

【SEMINAR279】汤睿, 香港科技大学

2021-09-17
摘要A theory of revealed indirect preference

题目:  A theory of revealed indirect preference

 

主讲人:汤睿, 香港科技大学

 

时间: 2021年9月22日,15:00-16:30(北京时间)

 

举办方式:线上讲座


 

讲者介绍:

汤睿于2021年在普林斯顿取得经济学博士学位,现为香港科技大学商学院经济学助理教授,研究领域包括决策论,显示偏好论,行为经济学,健康经济学以及机制设计。论文发表于AEA P&P,Games and Economic Behavior 以及 Journal of  Economic Theory。

 

 

Abstract:

A preference over menus is said to be an indirect preference if it is induced by a preference over the objects that make up those menus, i.e., a menu A is ranked over B whenever A contains an object that is preferred to every object in B. The basic question we address in this paper is the following: suppose an observer has partial information of an agent's ranking over certain menus; what necessary and sufficient conditions on those rankings guarantee the existence of a preference over objects that induces the observed menu rankings? Our basic result has a wide variety of applications. (1) It gives a characterization of rankings over prices that could be extended to a bona fide indirect utility function. (2) It leads to a generalization of Afriat's (1967) theorem that allows for imperfectly observed choices. (3) It could be used to characterize observations that are consistent with a multiple preferences model. (4) It leads to a characterization of a model of choice generated by minimax regret.

 

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