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Utility Maximization Within a Context-dependent Threshold

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Utility Maximization, Choice and Preference
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Abstract

In this Chapter we study choice functions rationalizable by utility maximization with a threshold depending on the feasible set X and in some cases on the compared alternatives. The threshold function ε is considered to be in one of the following forms: ε = ε(x, y, X), ε = ε(y, X), ε = ε(x, X), or ε = ε(X).

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(2007). Utility Maximization Within a Context-dependent Threshold. In: Utility Maximization, Choice and Preference. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-540-34183-3_5

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