Abstract
This paper shows that Nash's Independence of Irrelevant Alternatives (IIA) axiom can be replaced with a weaker independence axiom, Independence of Revealed Irrelevant Alternatives (IRIA).
Original language | English |
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Pages (from-to) | 175-179 |
Number of pages | 5 |
Journal | Economics Letters |
Volume | 45 |
Issue number | 2 |
Publication status | Published - Jun 1994 |