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Ranking fuzzy choice functions by their rationality indicators
Authors:Irina Georgescu
Institution:1.Department of Economic Cybernetics,Academy of Economic Studies,Bucharest,Romania;2.Institute for Advanced Management Systems Research,?bo Akademi University,Turku,Finland
Abstract:In this paper we study two rationality indicators and two normality indicators of a fuzzy choice function. They express the degree of rationality or normality of this fuzzy choice function. This way we can establish a hierarchy in a given family of fuzzy choice functions with respect to their degree of rationality.
Keywords:Fuzzy choice function  Revealed preference  Rationality indicators
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