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Choice by iterative search
Masatlioglu, Yusufcan; Nakajima, Daisuke - In: Theoretical economics : TE ; an open access journal in … 8 (2013) 3, pp. 701-728
analyze every alternative. To capture these situations, we formulate a framework to study behavioral search by utilizing the … idea of consideration sets. Consumers engage in a dynamic search process. At each stage, they consider only those options … identify both search paths and preferences. …
Persistent link: https://www.econbiz.de/10011685228
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Choice by iterative search
Nakajima, Daisuke; Masatlioglu, Yusufcan - In: Theoretical Economics 8 (2013) 3, pp. 701-728
analyze every alternative. To capture these situations, we formulate a framework to study behavioral search by utilizing the … idea of consideration sets. Consumers engage in a dynamic search process. At each stage, they consider only those options … identify both search paths and preferences. …
Persistent link: https://www.econbiz.de/10011599496
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Choice by iterative search
Masatlioglu, Yusufcan; Nakajima, Daisuke - In: Theoretical economics : TE ; journal of the Econometric … 8 (2013) 3, pp. 701-728
Persistent link: https://www.econbiz.de/10010207659
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Limited attention in case-based belief formations
Bleile, Jörg - 2014
application is a satisficing filter that induces a filtered belief that relies only on past experiences that are sufficiently …
Persistent link: https://www.econbiz.de/10010403098
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Monotone threshold representations
Frick, Mira - In: Theoretical economics : TE ; an open access journal in … 11 (2016) 3, pp. 757-772
a special case of Simon's theory of ``satisficing'', but as strictly more general than both Tyson's (2008) ``expansive … satisficing'' model as well as Fishburn (1975) and Luce's (1956) model of choice behavior generated by a semiorder. We …
Persistent link: https://www.econbiz.de/10011671902
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Monotone threshold representations
Frick, Mira - In: Theoretical Economics 11 (2016) 3, pp. 757-772
a special case of Simon's theory of ``satisficing'', but as strictly more general than both Tyson's (2008) ``expansive … satisficing'' model as well as Fishburn (1975) and Luce's (1956) model of choice behavior generated by a semiorder. We …
Persistent link: https://www.econbiz.de/10011599584
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Referential revealed preference theory
Nosratabadi, Hassan - 2017 - This Draft: June 17, 2017
Reference-dependent choice behavior implies behavioral anomalies such as the so-called attraction effect, status quo bias, and endowment effect. This paper builds a new theory of revealed preference capturing preferences that depend on a reference point. The first main contribution of this work...
Persistent link: https://www.econbiz.de/10011662466
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Referential revealed preference theory
Nosratabadi, Hassan - 2017 - This Draft: October 16, 2017
References can influence choice. One of the well-studied cases is when a decoy is added to the menu. However small in magnitude, decoy effect violates the weak axiom of revealed preferences (WARP). In order to explain the small deviation from the classical revealed preference theory, I decompose...
Persistent link: https://www.econbiz.de/10011738532
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Limited Attention in Case-Based Belief Formation
Bleile, Jörg - 2014
application is a satisficing filter that induces a filtered belief that relies only on past experiences that are sufficiently …
Persistent link: https://www.econbiz.de/10010427189
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Limited Attention in Case-Based Belief Formation
Bleile, Joerg - Institut für Mathematische Wirtschaftsforschung, … - 2014
application is a satisficing filter that induces a filtered belief that relies only on past experiences that are sufficiently …
Persistent link: https://www.econbiz.de/10010897074