Two-stage threshold representations

被引：15
|
作者：
Manzini, Paola [1 ,2 ]
Mariotti, Marco [1 ]
Tyson, Christopher J. [3 ]
机构：
[1] Univ St Andrews, Sch Econ & Finance, St Andrews KY16 9AJ, Fife, Scotland
[2] IZA Bonn, Bonn, Germany
[3] Queen Mary Univ London, Sch Econ & Finance, London, England
来源：
THEORETICAL ECONOMICS | 2013年 / 8卷 / 03期
关键词：
Attention; choice function; revealed preference; satisficing;
D O I：
10.3982/TE1048
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
We study two-stage choice procedures in which the decision maker first preselects the alternatives whose values according to a criterion pass a menu-dependent threshold and then maximizes a second criterion to narrow the selection further. This framework overlaps with several existing models that have various interpretations and impose various additional restrictions on behavior. We show that the general class of procedures is characterized by acyclicity of the revealed "first-stage separation relation."
引用
收藏
页码：875 / 882
页数：8
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