On reference dependent shortlisting behavior

Dan Qin

Research output: Contribution to journalArticle

Abstract

This article studies and characterizes a family of reference-dependent choice procedures. The decision maker is assumed to compare alternatives with a reference alternative by a single criterion or multiple criteria. The choice set contains all alternatives passing the threshold (set by the reference alternative) in terms of all criteria. Characterizations are provided for variants of such choice procedures.

Original languageEnglish
Article number20160153
JournalB.E. Journal of Theoretical Economics
Volume18
Issue number1
DOIs
Publication statusPublished - 2018 Jan 1
Externally publishedYes

Keywords

  • Multi-dimensional preference
  • Reference dependent choice
  • Satisficing behavior

ASJC Scopus subject areas

  • Economics, Econometrics and Finance(all)

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