Partial knowledge restrictions on the two-stage threshold model of choice
Date
05/2016Metadata
Show full item recordAbstract
In the context of the two-stage threshold model of decision making, with the agent's choices determined by the interaction of three "structural variables," we study the restrictions on behavior that arise when one or more variables are exogenously known. Our results supply necessary and sufficient conditions for consistency with the model for all possible states of partial knowledge, and for both single- and multi- valued choice functions.
Citation
Manzini , P , Mariotti , M & Tyson , C J 2016 , ' Partial knowledge restrictions on the two-stage threshold model of choice ' , Journal of Mathematical Economics , vol. 64 , pp. 41-47 . https://doi.org/10.1016/j.jmateco.2016.03.003
Publication
Journal of Mathematical Economics
Status
Peer reviewed
ISSN
0304-4068Type
Journal article
Collections
Items in the St Andrews Research Repository are protected by copyright, with all rights reserved, unless otherwise indicated.