☆ 4.0 Article

Revealed incomplete preferences under status-quo bias

MATHEMATICAL SOCIAL SCIENCES (2007)

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Journal

MATHEMATICAL SOCIAL SCIENCES
Volume 53, Issue 3, Pages 274-283

Publisher

ELSEVIER SCIENCE BV
DOI: 10.1016/j.mathsocsci.2006.12.003

Keywords

revealed preferences; incomplete preferences; status-quo bias

Categories

Economics Mathematics, Interdisciplinary Applications Social Sciences, Mathematical Methods

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We propose a theory of revealed preferences that allows both the status-quo bias and indecisiveness between any two alternatives. (c) 2007 Elsevier B.V. All rights reserved.

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