A simple model of two-stage choice

A-Tier
Journal: Journal of Economic Theory
Year: 2016
Volume: 162
Issue: C
Pages: 372-406

Score contribution per author:

4.022 = (α=2.01 / 1 authors) × 2.0x A-tier

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

Abstract

I provide choice-theoretic foundations for a simple two-stage model, called transitive shortlist methods, where choices are made by sequentially by applying a pair of transitive preferences (or rationales) to eliminate inferior alternatives. Despite its simplicity, the model accommodates a wide range of choice phenomena including the status quo bias, framing, homophily, compromise, and limited willpower.

Technical Details

RePEc Handle
repec:eee:jetheo:v:162:y:2016:i:c:p:372-406
Journal Field
Theory
Author Count
1
Added to Database
2026-02-02