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Essays on Revealed Preference and Decisions

Abstract

This dissertation contains three essays on revealed preference and decisions. Chapter 1 examines whether there is any behavior that cannot be described by a game where individuals play backwards-induction strategies. Chapter 2 characterizes a stochastic choice rule when randomness is driven by the feasibility of alternatives. Chapter 3 performs a revealed preference analysis on stochastic choices made by individuals who act as if they have preferences over lotteries when the characteristics of alternatives vary.

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