Rational filters

Hassan Nosratabadi

It has been widely documented that reference points influence the choice. If references affect choice by attracting attention towards an alternative, what can be said about the joint effect of the references? Assuming that references form preferences, or are rational filters, this paper extracts a reference-dependent choice model with joint referential effects from WARP. Assume that a DM has an ''unfiltered'' pairwise preference which is inferred from her choice over doubletons. The DM's uses her rational filters consecutively on the pairwise preference in order to finalize her choice.

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Year of publication:	20 Oct 2017 ; This Draft: October 14, 2017
Authors:	Nosratabadi, Hassan
Publisher:	New Brunswick, NJ : Rutgers University, Department of Economics
Subject:	Rational Preferences \| Rational Filters \| Revealed Preference \| Referential Decision Maker \| WARP Decompositions \| Offenbarte Präferenzen \| Revealed preferences \| Rationalität \| Rationality \| Entscheidungstheorie \| Decision theory \| Dekompositionsverfahren \| Decomposition method

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Extent:	1 Online-Ressource (circa 14 Seiten)
Series:	Working papers / Rutgers University, Department of Economics. - New Brunswick, NJ : [Verlag nicht ermittelbar], ZDB-ID 2172035-6. - Vol. 201706
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Arbeitspapier ; Working Paper ; Graue Literatur ; Non-commercial literature
Language:	English
Other identifiers:	hdl:10419/200262 [Handle]
Classification:	D11 - Consumer Economics: Theory ; D81 - Criteria for Decision-Making under Risk and Uncertainty
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10011738527