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Satisficing choice procedures
Item metadata
dc.contributor.author | Papi, Mauro | |
dc.date.accessioned | 2012-05-10T00:12:51Z | |
dc.date.available | 2012-05-10T00:12:51Z | |
dc.date.issued | 2012-09 | |
dc.identifier.citation | Papi , M 2012 , ' Satisficing choice procedures ' , Journal of Economic Behavior and Organization , vol. 84 , no. 1 , pp. 451-462 . https://doi.org/10.1016/j.jebo.2012.04.017 | en |
dc.identifier.issn | 0167-2681 | |
dc.identifier.other | PURE: 19869883 | |
dc.identifier.other | PURE UUID: 6951980f-2ecb-4dce-9748-cc6637931427 | |
dc.identifier.other | Scopus: 84869495773 | |
dc.identifier.uri | https://hdl.handle.net/10023/2595 | |
dc.description | "Financial support from the Scottish Institute for Economic Research is gratefully acknowledged." | en |
dc.description.abstract | Standard choice theory assumes that the budget set is known to the decision-maker in advance. In contrast, we develop a model in which alternatives are examined sequentially and decision-makers exhibit `satisficing' attitudes. We axiomatically characterize our model and investigate behavioral definitions of satisfaction, attention, and preference under various choice domains. Moreover, we relate our framework to several well-known existing models. | |
dc.language.iso | eng | |
dc.relation.ispartof | Journal of Economic Behavior and Organization | en |
dc.rights | This is an author version of this article. The published version (c) 2012 Elsevier B.V. is available from http://www.sciencedirect.com | en |
dc.subject | Bounded rationality | en |
dc.subject | Consideration set | en |
dc.subject | Revealed preference | en |
dc.subject | Satisficing | en |
dc.subject | Search | en |
dc.subject | HB Economic Theory | en |
dc.subject.lcc | HB | en |
dc.title | Satisficing choice procedures | en |
dc.type | Journal article | en |
dc.description.version | Postprint | en |
dc.contributor.institution | University of St Andrews. School of Economics and Finance | en |
dc.identifier.doi | https://doi.org/10.1016/j.jebo.2012.04.017 | |
dc.description.status | Peer reviewed | en |
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