Extending rational choice behavior: The decision problem for Boolean set theory with a choice correspondence
Domenico Cantone, Alfio Giarlotta, Pietro Maugeri, Stephen Watson

TL;DR
This paper explores the extension of partial choice functions to total ones within Boolean set theory, analyzing axioms of consistency and the computational complexity of related satisfiability problems.
Contribution
It characterizes conditions for extending partial choices to total choices satisfying economic axioms and studies the NP-completeness of the associated satisfiability problems.
Findings
Lifting partial choices to total choices is characterized for certain axioms.
Decidability of the satisfiability problem is established as NP-complete in key cases.
Complexity remains NP-complete when the number of choice terms is fixed.
Abstract
Given the family of all nonempty subsets of a set of alternatives, a choice over is a function such that and for all menus . A choice is total if , and partial otherwise. In economics, an agent is considered rational whenever her choice behavior satisfies suitable axioms of consistency, which are properties quantified over menus. Here we address the following lifting problem: Given a partial choice satisfying one or more axioms of consistency, is it possible to extend it to a total choice satisfying the same axioms? After characterizing the lifting of some choice properties that are well-known in the economics literature, we study the decidability of the connected satisfiability problem for unquantified formulae of an elementary fragment of set theory, which involves a choice function…
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Taxonomy
TopicsEconomic theories and models · Decision-Making and Behavioral Economics · Game Theory and Voting Systems
