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econ.TH2026
The Effects of Social Pressure on Fundamental Choices: Indecisiveness and Deferral
Alfio Giarlotta, M. Ali Khan, Angelo Enrico Petralia +1
In mainstream neoclassical economics, utility maximization is the only engine of individual action, and the other or the social, if it is modeled for decisions deemed fundamental,…
econ.TH2026
A measure of choice irrationality based on opposite judgements
Angelo Enrico Petralia
In many choice settings the decision maker (DM) adopts a criterion which is a mediation between her preference and its opposite. According to such compromise, the first i alternati…