Cherepavov, Vadim; Feddersen, Timothy J.; Sandroni, Alvaro - In: Theoretical economics : TE ; an open access journal in … 8 (2013) 3, pp. 775-800
In 1908 the Welsh neurologist and psychoanlayst Ernest Jones described human beings as rationalizers whose behavior is governed by "the necessity of providing an explanation." We construct a formal and testable model of rationalization in which a decision maker selects her preferred alternative...
