Past-myopic economic agents
In this paper, the idea of myopic preference and myopic topology provided by Brown and Lewis is further explored. In this sense, new definitions of myopia are introduced for finite spaces. The main contribution of the work is the inclusion of the past in the models. We have defined the notions of pa...
| Authors: | , , |
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| Format: | article |
| Status: | Published version |
| Publication Date: | 2025 |
| Country: | España |
| Institution: | Universidad Pública de Navarra |
| Repository: | Academica-e. Repositorio Institucional de la Universidad Pública de Navarra |
| OAI Identifier: | oai:academica-e.unavarra.es:2454/54414 |
| Online Access: | https://hdl.handle.net/2454/54414 |
| Access Level: | Open access |
| Keyword: | Intertemporal myopia Preference relations Myopic topology Past information |
| Summary: | In this paper, the idea of myopic preference and myopic topology provided by Brown and Lewis is further explored. In this sense, new definitions of myopia are introduced for finite spaces. The main contribution of the work is the inclusion of the past in the models. We have defined the notions of past-myopic preference and topology for sequence spaces and n-dimensional spaces. Adding this new dimension makes it possible to work with decision spaces where the economic agent only has information about past events and when she has to choose accordingly to it, which is in line with the reality of certain economic situations, such as voting or finances. This approach generates a wide room for future research lines related to the idea of myopia. Based on this, it would allow to study in forthcoming research past-hyperopic topologies and preferences, and to interconnect different preferences, defined on the past and future models. |
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