Abstract
The Swaps index (Apesteguia and Ballester, 2015) is a popular measure of rationality in the revealed preference literature. In this note, we show a connection between the Swaps index and the Kemeny rule, a well-known method of preference aggregation in social choice theory. Our new interpretation of the Swaps index makes it a suitable measure of menu dependence in preferences.
Full Text 
Sign-in/Register to access full text options
Sign-in/Register to access full text options 
Published version (
Free)
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
