Inferring Rationales from Choice: Identification for Rational Shortlist Methods

B-Tier
Journal: American Economic Journal: Microeconomics
Year: 2015
Volume: 7
Issue: 4
Pages: 179-201

Authors (2)

Rohan Dutta (not in RePEc) Sean Horan (Université de Montréal)

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

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

Abstract

A wide variety of choice behavior inconsistent with preference maximization can be explained by Manzini and Mariotti's Rational Shortlist Methods. Choices are made by sequentially applying a pair of asymmetric binary relations (rationales) to eliminate inferior alternatives. Manzini and Mariotti's axiomatic treatment elegantly describes which behavior can be explained by this model. However, it leaves unanswered what can be inferred, from observed behavior, about the underlying rationales. Establishing this connection is fundamental not only for applied and empirical work but also for meaningful welfare analysis. Our results tightly characterize the surprisingly rich relationship between behavior and the underlying rationales. (JEL D11, D12, D83, M37)

Technical Details

RePEc Handle
repec:aea:aejmic:v:7:y:2015:i:4:p:179-201
Journal Field
General
Author Count
2
Added to Database
2026-01-25