{"title":"Lexicographic Majority","authors":"Henrik Petri","doi":"10.1016/j.jmp.2024.102860","DOIUrl":null,"url":null,"abstract":"<div><p>This paper explores a relationship between lexicographic and majority preferences as a novel explanation of preference cycles in choice. Already May (1954) notes that, among subjects in his experiment who did not display a (majority) preference cycle, a vast majority ordered alternatives according to an attribute that they found overridingly important, suggesting that a lexicographic heuristic was used. Our model, Lexicographic Majority, reconciles these findings by providing a unified framework for lexicographic and simple majority preferences. We justify lexicographic majority preferences by providing an axiomatization in terms of behavioral properties.</p></div>","PeriodicalId":2,"journal":{"name":"ACS Applied Bio Materials","volume":null,"pages":null},"PeriodicalIF":4.6000,"publicationDate":"2024-07-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0022249624000294/pdfft?md5=0a576c9d032abfe1e95e2bd61e11951d&pid=1-s2.0-S0022249624000294-main.pdf","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"ACS Applied Bio Materials","FirstCategoryId":"102","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0022249624000294","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"MATERIALS SCIENCE, BIOMATERIALS","Score":null,"Total":0}
引用次数: 0
Abstract
This paper explores a relationship between lexicographic and majority preferences as a novel explanation of preference cycles in choice. Already May (1954) notes that, among subjects in his experiment who did not display a (majority) preference cycle, a vast majority ordered alternatives according to an attribute that they found overridingly important, suggesting that a lexicographic heuristic was used. Our model, Lexicographic Majority, reconciles these findings by providing a unified framework for lexicographic and simple majority preferences. We justify lexicographic majority preferences by providing an axiomatization in terms of behavioral properties.
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