Partial knowledge restrictions on the two-stage threshold model of choice

Paola Manzini, Marco Mariotti and Christopher J. Tyson

In the context of the two-stage threshold model of decision making, with the agent's choices determined by the interaction of three "structural variables," we study the restrictions on behavior that arise when one or more variables are exogenously known. Our results supply necessary and sufficient conditions for consistency with the model for all possible states of partial knowledge, and for both single- and multi-valued choice functions.

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Year of publication:	March 2016
Authors:	Manzini, Paola ; Mariotti, Marco ; Tyson, Christopher J.
Publisher:	London : School of Economics and Finance, Queen Mary University of London
Subject:	Attention \| Revealed preference \| Salience \| Satisficing \| Theorie \| Theory \| Offenbarte Präferenzen \| Revealed preferences

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Extent:	1 Online-Ressource (circa 21 Seiten)
Series:	Working paper. - London : [Verlag nicht ermittelbar], ISSN 1473-0278, ZDB-ID 2666392-2. - Vol. no. 790
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Arbeitspapier ; Working Paper ; Graue Literatur ; Non-commercial literature
Language:	English
Other identifiers:	hdl:10419/175227 [Handle]
Classification:	D10 - Household Behavior and Family Economics. General ; D30 - Distribution. General
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10011446163