{"id":7581,"date":"2019-02-22T13:15:38","date_gmt":"2019-02-22T12:15:38","guid":{"rendered":"https:\/\/www.uni.lu\/fr\/events\/consistent-choice\/"},"modified":"2019-02-22T13:15:38","modified_gmt":"2019-02-22T12:15:38","slug":"consistent-choice","status":"publish","type":"events","link":"https:\/\/www.uni.lu\/fr\/events\/consistent-choice\/","title":{"rendered":"Consistent Choice"},"content":{"rendered":"<section class=\"wp-block-unilux-blocks-free-section section\"><div class=\"container xl:max-w-screen-xl\"><p>This conference is part of the\u00a0<strong>MAST\u00a0Lecture Series\u00a0<\/strong>organised by the Mathematics Department of the University of Luxembourg with the support of the FNR.\u00a0The objective is to share the most recent developments of mathematics and their applications in the Luxembourg scientific community.<\/p><p><strong>Abstract<\/strong><\/p><p>Much of economic and political theory is based on the notion of choice. Consumers choose commodity bundles, firms choose production plans, governments choose public projects, and voters choose their representatives by means of elections, for example. A central hypothesis is that choices are rational in the sense that they are made with a <\/p><p>purpose, and purposive choice is typically associated with a goodness relation: observed choices are rational if there is an at-least-as-good-as relation such that, according to this relation, the selected objects are best among those that are available. An immediate question is what coherence properties such a goodness relation should possess. This usually involves the exclusion of goodness cycles, and the standard condition is transitivity. Because transitivity can be considered very demanding (especially in group decisions), it is desirable to explore weaker conditions. One <\/p><p>possibility is the use of a consistency property that rules out specific cycles but does so without requiring full transitivity. The presentation is focused on the use of consistency in individual and collective choice.<\/p><\/div><\/section>","protected":false},"excerpt":{"rendered":"<p>This conference is part of the\u00a0MAST\u00a0Lecture Series\u00a0organised by the Mathematics Department of the University of Luxembourg with the support of the FNR.\u00a0The objective is to share the most recent developments of mathematics and their applications in the Luxembourg scientific community.<\/p>\n","protected":false},"author":0,"featured_media":7582,"parent":0,"menu_order":0,"comment_status":"open","ping_status":"closed","template":"","format":"standard","meta":{"featured_image_focal_point":[],"show_featured_caption":false,"ulux_newsletter_groups":"","uluxPostTitle":"","uluxPrePostTitle":"","_trash_the_other_posts":false,"_price":"","_stock":"","_tribe_ticket_header":"","_tribe_default_ticket_provider":"","_tribe_ticket_capacity":"0","_ticket_start_date":"","_ticket_end_date":"","_tribe_ticket_show_description":"","_tribe_ticket_show_not_going":false,"_tribe_ticket_use_global_stock":"","_tribe_ticket_global_stock_level":"","_global_stock_mode":"","_global_stock_cap":"","_tribe_rsvp_for_event":"","_tribe_ticket_going_count":"","_tribe_ticket_not_going_count":"","_tribe_tickets_list":"[]","_tribe_ticket_has_attendee_info_fields":false,"event_start_date":"2019-03-12 16:30:00","event_end_date":"2019-03-12 18:00:00","event_speaker_name":"Walter Bossert","event_speaker_link":"","event_is_online":false,"event_location":"Universit\u00e9 du Luxembourg\r\nMaison du Savoir\r\nMSA 3.350 ","event_street":"2, avenue de l\u2019Universit\u00e9 ","event_location_link":"","event_zip_code":"L-4365 ","event_city":"Esch-sur-Alzette ","event_country":"LU"},"events-topic":[315],"events-type":[],"organisation":[61,25,226],"authorship":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.3 (Yoast SEO v22.3) - 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