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Article Dans Une Revue Social Choice and Welfare Année : 2012

Confidence in Preferences

Résumé

Indeterminate preferences have long been a tricky subject for choice theory. ; One reason for which preferences may be less than fully determinate is the lack ; of confidence in one's preferences. In this paper, a representation of confidence in ; preferences is proposed. It is used to develop an account of the role which confidence ; which rests on the following intuition: the more important the decision to be ; taken, the more confidence is required in the preferences needed to take it. An axiomatisation ; of this choice rule is proposed. This theory provides a natural account ; of when an agent should defer a decision; namely, when the importance of the decision ; exceeds his confidence in the relevant preferences. Possible applications of ; the notion of confidence in preferences to social choice are briefly explored.
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Dates et versions

halshs-00775780 , version 1 (16-01-2013)

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  • HAL Id : halshs-00775780 , version 1

Citer

Hill Brian. Confidence in Preferences. Social Choice and Welfare, 2012, 39 (2), pp.273-302. ⟨halshs-00775780⟩
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