Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/97359 
Autor:innen: 
Erscheinungsjahr: 
2012
Schriftenreihe/Nr.: 
Working Paper No. 697
Verlag: 
Queen Mary University of London, School of Economics and Finance, London
Zusammenfassung: 
We consider two-stage shortlisting procedures in which the menu of alternatives is first pruned by some process or criterion and then a binary relation is maximized. Given a particular first-stage process, our main result supplies a necessary and sufficient condition for choice data to be consistent with a procedure in the designated class. This result applies to any class of procedures with a certain lattice structure, including the cases of consideration filters, satisficing with salience effects, and rational shortlist methods. The theory avoids background assumptions made for mathematical convenience; in this and other respects following Richter's classical analysis of preference-maximizing choice in the absence of shortlisting.
Schlagwörter: 
Attention
Complete lattice
Consideration set
Revealed preference
JEL: 
D01
D03
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
416.25 kB





Publikationen in EconStor sind urheberrechtlich geschützt.