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Theoretical and Applied Economics
No. 7 / 2013 (584)

Reference vectors in economic choice

Teycir Abdelghani GOUCHA
University of Tunis, Tunisia

Abstract. In this paper the introduction of notion of reference vector paves the way for a combination of classical and social approaches in the framework of referential preferences given by matrix groups. It is shown that individual demand issue from rational decision does not depend on that reference.

Keywords: choice; rationality; referential preferences; social approach; vectors.

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