Sequentially rationalizable choice

Sequentially rationalizable choice
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DOI:
10.1257/aer.97.5.1824
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发表时间:
2007-12-01
影响因子:
10.7
通讯作者:
Mariotti, Marco
Mariotti, Marco
中科院分区:
经济学1区
文献类型:
--
作者:
Manzini, Paola;Mariotti, Marco

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顺序合理化选择函数是这样的选择函数,可以通过对每个选择问题顺序应用相同的固定的不对称二元关系(基本原理)集来删除劣质替代方案来检索。这些概念将心理学中研究的一些人类选择启发法转化为经济语言,并解释了实验中观察到的选择的周期性模式。我们研究了顺序合理化的一些属性,并提供了由两个和三个基本原理合理化的选择函数的完整特征。
A sequentially rationalizable choice function is a choice function that can be retrieved by applying sequentially to each choice problem the same fixed set of asymmetric binary relations (rationales) to remove inferior alternatives. These concepts translate into economic language some human choice heuristics studied in psychology and explain cyclical patterns of choice observed in experiments. We study some properties of sequential rationalizability and provide a full characterization of choice functions rationalizable by two and three rationales.