Suchergebnisse

AbstractThis note in the Milestones series is dedicated to the paper "A Behavioral Model of Rational Choice", written by Herbert Simon and published in 1955 on the Quarterly Journal of Economics.

AbstractAn extensive choice over X is a function assigning to any subset S of X a possibly empty subset of S. Klamler (Soc Choice Welf 30:419–425, 2008) shows that the operation of symmetric difference induces a metric on the family of extensive choices over X, and this metric is characterized by five axioms –. We provide counterexamples to Klamler's result, suggest a slight modification of axioms and to obtain a correct characterization, and finally observe that axiom is redundant.