Sequentially Rationalizable Choice

S-Tier
Journal: American Economic Review
Year: 2007
Volume: 97
Issue: 5
Pages: 1824-1839

Score contribution per author:

4.022 = (α=2.01 / 2 authors) × 4.0x S-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

A sequentially rationalizable choice function is a choice function that can be retrieved by applying sequentially to each choice problem the same fixed set of asymmetric binary relations (rationales) to remove inferior alternatives. These concepts translate into economic language some human choice heuristics studied in psychology and explain cyclical patterns of choice observed in experiments. We study some properties of sequential rationalizability and provide a full characterization of choice functions rationalizable by two and three rationales. (JEL D01).

Technical Details

RePEc Handle
repec:aea:aecrev:v:97:y:2007:i:5:p:1824-1839
Journal Field
General
Author Count
2
Added to Database
2026-01-25