Preference for Flexibility and Random Choice

Preference for Flexibility and Random Choice
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偏好灵活性和随机选择

DOI:
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发表时间:
2013
期刊:
影响因子:
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通讯作者:
T. Sarver
T. Sarver
中科院分区:
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文献类型:
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作者:
David S. Ahn;T. Sarver

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我们研究了一个两阶段模型,其中代理人在第一阶段对Dekel,Lipman和Rustichini(2001)中的菜单有偏好,然后在第二阶段从Gul和Pesendorfer(2006)中的菜单中进行随机选择。在第一阶段的灵活性和严格的随机选择在第二阶段的偏好,可以分别合理化的主观状态空间。我们的主要结果表征了两个状态空间对齐的表示,因此代理正确地预测了她未来的选择。联合表示唯一地识别主观状态的概率和跨状态的效用的大小。我们还描述了当代理完全忽略了一些主观状态,实现在选择点。
We study a two-stage model where the agent has preferences over menus as in Dekel, Lipman, and Rustichini (2001) in the first period and then makes random choices from menus as in Gul and Pesendorfer (2006) in the second period. Both preference for flexibility in the first period and strictly random choices in the second period can be, respectively, rationalized by subjective state spaces. Our main result characterizes the representation where the two state spaces align, so the agent correctly anticipates her future choices. The joint representation uniquely identifies probabilities over subjective states and magnitudes of utilities across states. We also characterize when the agent completely overlooks some subjective states that realize at the point of choice.
DOI: 10.3982/ecta10575
发表时间: 2012-10
期刊: Econometrics: Multiple Equation Models eJournal
影响因子: --
作者:
Paola Manzini;M. Mariotti
通讯作者: Paola Manzini;M. Mariotti
不完美的注意力和菜单评估
DOI: --
发表时间: 2013
期刊: --
影响因子: --
作者:
Manzini P;Mariotti M
通讯作者: Mariotti M