Home > Research literature > Working papers > List-based decision problems |
Date: | 2013 |
Description: | 13 p. |
Abstract: | When encountering a set of alternatives displayed in the form of a list, the decision maker usually determines a particular alternative, after which she stops checking the remaining ones, and chooses an alternative from those observed so far. We present a framework in which both decision problems are explicitly modeled, and axiomatically characterize a stop-and-choose rule which unifies position-biased successive choice and satisficing choice. |
Rights: | Tots els drets reservats. |
Language: | Anglès |
Series: | Departament d'Economia i d'Història Econòmica. Unitat de Fonaments de l'Anàlisi Econòmica / Institut d'Anàlisi Econòmica (CSIC). Working papers |
Series: | Working papers ; 927.13 |
Document: | Working paper |
Subject: | Decisió, Presa de ; Models matemàtics |
17 p, 121.9 KB |