Correlated Choice

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Tác giả: Christopher P Chambers, Yusufcan Masatlioglu, Christopher Turansick

Ngôn ngữ: eng

Ký hiệu phân loại: 302.13 Social choice

Thông tin xuất bản: 2021

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Bộ sưu tập: Metadata

ID: 166483

We study random joint choice rules, allowing for interdependence of choice across agents. These capture random choice by multiple agents, or a single agent across goods or time periods. Our interest is in separable choice rules, where each agent can be thought of as acting independently of the other. A random joint choice rule satisfies marginality if for every individual choice set, we can determine the individual's choice probabilities over alternatives independently of the other individual's choice set. We offer two characterizations of random joint choice rules satisfying marginality in terms of separable choice rules. While marginality is a necessary condition for separability, we show that it fails to be sufficient. We provide an additional condition on the marginal choice rules which, along with marginality, is sufficient for separability.
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