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of boundedly rational choice. We explore the connection with sequential rationalizability of choice (Apesteguia and … choice data. …
Persistent link: https://www.econbiz.de/10011690973
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. -- Lexicographic semiorders ; bounded rationality ; revealed preference ; choice …
Persistent link: https://www.econbiz.de/10003818077
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. -- Discrete choice ; random utility …
Persistent link: https://www.econbiz.de/10003976811
of boundedly rational choice. We explore the connection with sequential rationalizability of choice (Apesteguia and … choice data. …
Persistent link: https://www.econbiz.de/10011599454
of boundedly rational choice. We explore the connection with sequential rationalizability of choice (Apesteguia and … choice data. …
Persistent link: https://www.econbiz.de/10008694968
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. …
Persistent link: https://www.econbiz.de/10005039649
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 …
Persistent link: https://www.econbiz.de/10014196149
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 …
Persistent link: https://www.econbiz.de/10013141716
Behavioural welfare economics provides tools to elicit welfare preferences when individuals use nonstandard behavioural models. Current proposals either require assumptions on the models or elicit preferences that become coarser and coarser as the dataset grows. We propose an informational...
Persistent link: https://www.econbiz.de/10014323569
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. …
Persistent link: https://www.econbiz.de/10010269842