Mandler, Michael; Manzini, Paola; Mariotti, Marco - Institute for the Study of Labor (IZA) - 2008
’ preferences as primitive then we conclude
that checklists are a concise way to translate preferences into choice behavior … maximizers always have short approximate
checklists
As we have seen, the choice behavior of utility maximizers does not coincide …] characterize the choice behavior that arises when an agent
sequentially eliminates alternatives using an ordered sequence of binary …