We test the impact of online hotel ratings on the customers' hotel choice using a binary choice experiment where the online rating score is one of the hotels' attributes. Results show that online rating scores have a positive and significant impact on hotel choice. We also calculate the...

In this paper we analyze the decision of "working" versus "not working" within a discrete choice framework, where number of available jobs is confined and related to individual characteristics. In this way the market constraint from the demand side is taken into account. We also accommodate the...

We study a psychologically based foundation for choice errors. The decision maker applies a preference ranking after forming a 'consideration set' prior to choosing an alternative. Membership of the consideration set is determined both by the alternative specific salience and by the rationality...