On the aversion to incomplete preferences
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DOI: 10.1007/s11238-020-09779-9
Abstract: We propose an axiomatization of aversion to incomplete preferences. Some prevailing models of incomplete preferences rely on the hypothesis that incompleteness is temporary and that by keeping their opportunity set open individuals reveal a preference… read more here.
Keywords: preference; incompleteness; incomplete preferences; aversion ... See more keywords
Competing reasons, incomplete preferences, and framing effects
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DOI: 10.1017/s0140525x22000887
Abstract: Abstract The quasi-cyclical preferences that Bermúdez ascribes to Agamemnon and others in analogous situations do not best represent them. I offer two alternative accounts. One works best if the preference ordering is taken to be… read more here.
Keywords: framing effects; competing reasons; reasons incomplete; incomplete preferences ... See more keywords
Incomplete preferences and rational framing effects
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DOI: 10.1017/s0140525x2200111x
Abstract: Abstract The normative principle of description invariance presupposes that rational preferences must be complete. The completeness axiom is normatively dubious, however, and its rejection opens the door to rational framing effects. In this commentary, we… read more here.
Keywords: preferences rational; rational framing; framing effects; incomplete preferences ... See more keywords