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dc.contributor.authorSoraperra, Ivanen_US
dc.date.accessioned2012-02-09T14:06:37Z-
dc.date.available2012-02-09T14:06:37Z-
dc.date.issued2009en_US
dc.identifier.urihttp://hdl.handle.net/10419/55168-
dc.description.abstractThis paper develops a model of choice that embeds some psychological aspects affecting decision maker's behaviour. In the model, the decision maker attaches an unobservable psychological index -representing, e.g., the level of perceived 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 behaviour satisfies two intuitively appealing properties -namely Monotonicity and Conditional IIA- then the observable part of the choice behaviour, i.e., the unconditional choices, can be interpreted as the product of the maximization of a preference relation. The paper discusses also some welfare consideration regarding the choice model and finally some interpretations of the indexes are provided.en_US
dc.language.isoengen_US
dc.publisherQueen Mary, Univ. of London, School of Economics and Finance Londonen_US
dc.relation.ispartofseriesWorking Paper // School of Economics and Finance, Queen Mary, University of London 643en_US
dc.subject.jelD11en_US
dc.subject.ddc330en_US
dc.subject.keywordrevealed preferencesen_US
dc.subject.keywordchoice with frameen_US
dc.subject.keywordsalienceen_US
dc.subject.keywordscarcity biasen_US
dc.subject.keywordBandwagon effecten_US
dc.subject.keywordSnob effecten_US
dc.subject.stwOffenbarte Präferenzenen_US
dc.subject.stwEntscheidungstheorieen_US
dc.subject.stwKonsuminterdependenzen_US
dc.subject.stwVerhaltensökonomiken_US
dc.subject.stwWirtschaftspsychologieen_US
dc.subject.stwTheorieen_US
dc.titleRevealed preferences, choices, and psychological indexesen_US
dc.typeWorking Paperen_US
dc.identifier.ppn59847336Xen_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:Working Paper Series, School of Economics and Finance, Queen Mary, University of London

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