论文标题

双重偏好和偶然性推理的失败

Twofold Multiprior Preferences and Failures of Contingent Reasoning

论文作者

Echenique, Federico, Miyashita, Masaki, Nakamura, Yuta, Pomatto, Luciano, Vinson, Jamie

论文摘要

我们提出了一个不完整的\ textit {Twopold多端首选项}的模型,其中仅当$ f $在最差的情况下提供比$ g $在最佳案例场景中提供的情况时,ACT $ F $仅在ACT $ G $上排名$ G $。该模型解释了偶然性推理的失败,该失败是通过逐个状态单调性(或优势)公理的削弱而捕获的。我们的模型产生了丰富的比较静态结果,以及扩展练习以及与选择理论的联系。我们提出了第二价格拍卖的申请。

We propose a model of incomplete \textit{twofold multiprior preferences}, in which an act $f$ is ranked above an act $g$ only when $f$ provides higher utility in a worst-case scenario than what $g$ provides in a best-case scenario. The model explains failures of contingent reasoning, captured through a weakening of the state-by-state monotonicity (or dominance) axiom. Our model gives rise to rich comparative statics results, as well as extension exercises, and connections to choice theory. We present an application to second-price auctions.

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