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Nick Webber
University of Birmingham
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#1Panagiotis Andrikopoulos (Coventry University)H-Index: 6
#2Nick Webber (University of Birmingham)
This paper introduces an innovative framework for decision making by individuals with inconsistent preferences. Practices, associations of individuals with a preference set shared by its members, provide context and unify preferences across an economy so that decision-makers are situated in social and economic structures. Our framework models the time evolution of certain attributes, emerging from the practice framework, that govern individuals’ decisions and their intertemporal variation. A nov...
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