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María Jesús Campìón, Esteban Indurain and Ana Munarriz |
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''Past-myopic economic agents'' |
( 2025, Vol. 45 No.1 ) |
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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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Keywords: Myopia, past-myopia, myopia in finite-dimensional spaces |
JEL: C6 - Mathematical Methods and Programming: General D6 - Welfare Economics: General |
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Manuscript Received : Jun 14 2024 | | Manuscript Accepted : Mar 30 2025 |
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