Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/200262
Authors: 
Nosratabadi, Hassan
Year of Publication: 
2017
Series/Report no.: 
Departmental Working Papers, Rutgers University, Department of Economics 2017-06
Abstract: 
It has been widely documented that reference points influence the choice. If references affect choice by attracting attention towards an alternative, what can be said about the joint effect of the references? Assuming that references form preferences, or are rational filters, this paper extracts a reference-dependent choice model with joint referential effects from WARP. Assume that a DM has an ''unfiltered'' pairwise preference which is inferred from her choice over doubletons. The DM's uses her rational filters consecutively on the pairwise preference in order to finalize her choice.
Subjects: 
Rational Preferences
Rational Filters
Revealed Preference
Referential Decision Maker
WARP Decompositions
JEL: 
D11
D81
Document Type: 
Working Paper
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