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dc.contributor.authorManzini, Paola
dc.contributor.authorMariotti, Marco
dc.identifier.citationManzini , P & Mariotti , M 2012 , ' Choice by lexicographic semiorders ' , Theoretical Economics , vol. 7 , no. 1 , pp. 1-23 .
dc.identifier.otherPURE: 4209577
dc.identifier.otherPURE UUID: 75ffd818-df0a-4bfc-97bf-6d130c989b8b
dc.identifier.otherScopus: 84855753458
dc.description.abstractIn Tversky’s (1969) model of a lexicographic semiorder, a preference is generated via the sequential application of numerical criteria by declaring an alternative x better than an alternative y if the first criterion that distinguishes between x and y ranks x higher than y by an amount exceeding a fixed threshold. We generalize this idea to a fully fledged model of boundedly rational choice. We explore the connection with sequential rationalizability of choice (Apesteguia and Ballester 2010, Manzini and Mariotti 2007) and we provide axiomatic characterizations of both models in terms of observable choice data.
dc.relation.ispartofTheoretical Economicsen
dc.rightsCopyright © 2012 Paola Manzini and Marco Mariotti. Licensed under the Creative Commons Attribution-NonCommercial License 3.0. Available at http://econtheory.orgen
dc.subjectLexicographic semiordersen
dc.subjectBounded rationalityen
dc.subjectRevealed preferenceen
dc.subjectHB Economic Theoryen
dc.titleChoice by lexicographic semiordersen
dc.typeJournal articleen
dc.description.versionPublisher PDFen
dc.contributor.institutionUniversity of St Andrews.School of Economics and Financeen
dc.description.statusPeer revieweden

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