Artikel
Two-stage threshold representations
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."
- Language
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Englisch
- Bibliographic citation
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Journal: Theoretical Economics ; ISSN: 1555-7561 ; Volume: 8 ; Year: 2013 ; Issue: 3 ; Pages: 875-882 ; New Haven, CT: The Econometric Society
- Classification
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Wirtschaft
Microeconomic Behavior: Underlying Principles
Analysis of Collective Decision-Making: General
- Subject
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Attention
choice function
revealed preference
satisficing
- Event
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Geistige Schöpfung
- (who)
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Manzini, Paola
Tyson, Christopher J.
Mariotti, Marco
- Event
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Veröffentlichung
- (who)
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The Econometric Society
- (where)
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New Haven, CT
- (when)
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2013
- DOI
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doi:10.3982/TE1048
- Handle
- Last update
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10.03.2025, 11:44 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Artikel
Associated
- Manzini, Paola
- Tyson, Christopher J.
- Mariotti, Marco
- The Econometric Society
Time of origin
- 2013