Shortlisting procedure with a limited capacity
Shortlisting procedure with a limited capacity
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DOI：
10.1016/j.jmateco.2020.11.003
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发表时间：
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通讯作者：
Erkut Y. Özbay
中科院分区：
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作者：
Sen Geng;Erkut Y. Özbay
A decision maker, who is overwhelmed by the number of available alternatives, limits her consideration..We investigate a model where a decision maker’s capacity determines whether she is.overwhelmed: She considers all the available alternatives if their number does not exceed her capacity;.otherwise, she applies a shortlisting procedure to reduce the number of alternatives to within her.capacity. We show how to deduce the decision maker’s capacity, her preference and the alternatives.that she considers from the observed behavior. Furthermore, we provide the necessary and sufficient.conditions for a consideration function to be derived by the shortlisting procedure with a limited.capacity.
