satisficing'' model as well as Fishburn (1975) and Luce's (1956) model of choice behavior generated by a semiorder. We …Motivated by the literature on ``choice overload'', we study a boundedly rational agent whose choice behavior admits a … of the model, extending familiar characterizations of rational choice. We classify monotone threshold representations as …

We propose an extension of Tversky's lexicographic semiorder to a model of boundedly rational choice. We explore the … connection with sequential rationalisability of choice, and we provide axiomatic characterisations of both models in terms of … observable choice data. …

of boundedly rational choice. We explore the connection with sequential rationalizability of choice (Apesteguia and … choice data. …

We study two dimensions of complexity that may interfere with individual choice. The first one is object complexity …, which corresponds to the difficulty in evaluating any given alternative in a choice set. The second dimension is composition … complexity, which increases when suboptimal alternatives become more similar to optimal ones. We develop a satisficing …

We derive a family of probabilistic choice models including the multinomial logit model, from a microeconomic model in … alternatives. The present model also applies to continuum choice sets in Euclidean spaces, and provides a microeconomic foundation …

This paper develops a model of choice that embeds some psychological aspects affecting decision maker's behaviour. In … availability or the level of salience- to each alternative in a universal collection. Choice behaviour of the decision maker is … then conditioned by the indexes attached to the alternatives. With this paper we show that, if the conditional choice …

We study a psychologically based foundation for choice errors. The decision maker applies a preference ranking after … paradoxically express their preference through choice more truthfully than more rational agents. …