Using the techniques of revealed preference analysis, we study a two-stage model of choice behavior. In the first stage, the decision maker maximizes a menu-dependent binary relation encoding preferences that are imperfectly perceived. In the second, a menu-independent binary relation is maximized over the subset of alternatives that survive the first stage. This structure can support various interpretations, including those of salience effects, positive action, and surface characteristics. We characterize the model behaviorally both in ordinal form and in terms of the corresponding numerical representations
Behavioral economics has documented numerous settings in which behavior varies according to seemingl...
In the context of the two-stage threshold model of decision making, with the agent's choices determi...
We propose a model of chosen preferences together with conditions on choice data that falsify and id...
"Financial support from the Scottish Institute for Economic Research is gratefully acknowledged."Sta...
This research experimentally tests some recent theories of ‘sub-optimal’ behaviour in individual dec...
Revealed preferences link choices, preferences, and welfare when choices appear consistent. The firs...
Economic theory is built on the assumption that people are omniscient utility maximizers. In reality...
Accumulating evidence suggests that respondents in stated choice experiments use simplifying strateg...
We study two-stage choice procedures in which the decision maker first preselects the alternatives w...
I introduce a general method for identifying choice correspondences experimentally, i.e., the sets o...
This dissertation investigates the empirical content of one of the most basic assumptions in economi...
If decision-makers (DMs) do not always do what is in their best interest, what do choices reveal abo...
We describe a context-sensitive model of choice, in which the selection process is shaped not only b...
A theory of decision making is proposed that offers an axiomatic basis for the notion of "satisficin...
In many settings, decision makers’ behavior is observed to vary on the basis of seemingly arbitrary ...
Behavioral economics has documented numerous settings in which behavior varies according to seemingl...
In the context of the two-stage threshold model of decision making, with the agent's choices determi...
We propose a model of chosen preferences together with conditions on choice data that falsify and id...
"Financial support from the Scottish Institute for Economic Research is gratefully acknowledged."Sta...
This research experimentally tests some recent theories of ‘sub-optimal’ behaviour in individual dec...
Revealed preferences link choices, preferences, and welfare when choices appear consistent. The firs...
Economic theory is built on the assumption that people are omniscient utility maximizers. In reality...
Accumulating evidence suggests that respondents in stated choice experiments use simplifying strateg...
We study two-stage choice procedures in which the decision maker first preselects the alternatives w...
I introduce a general method for identifying choice correspondences experimentally, i.e., the sets o...
This dissertation investigates the empirical content of one of the most basic assumptions in economi...
If decision-makers (DMs) do not always do what is in their best interest, what do choices reveal abo...
We describe a context-sensitive model of choice, in which the selection process is shaped not only b...
A theory of decision making is proposed that offers an axiomatic basis for the notion of "satisficin...
In many settings, decision makers’ behavior is observed to vary on the basis of seemingly arbitrary ...
Behavioral economics has documented numerous settings in which behavior varies according to seemingl...
In the context of the two-stage threshold model of decision making, with the agent's choices determi...
We propose a model of chosen preferences together with conditions on choice data that falsify and id...