A theory of iterative choice in lists

Name: A theory of iterative choice in lists
Author: Güney, Begüm

İsim	A theory of iterative choice in lists
Yazar	Güney, Begüm
Basım Tarihi:	2014-08
Basım Yeri	- Elsevier
Konu	Choice, List, Iterative, Order effect, Primacy effect, Recency effect
Tür	Süreli Yayın
Dil	İngilizce
Dijital	Evet
Yazma	Hayır
Kütüphane:	Özyeğin Üniversitesi
Demirbaş Numarası	0304-4068
Kayıt Numarası	fabf3073-521e-4dd1-b556-8d23596fc444
Lokasyon	Economics
Tarih	2014-08
Notlar	Due to copyright restrictions, the access to the full text of this article is only available via subscription.
Örnek Metin	In a list, alternatives appear according to an order and the decision maker follows this order to evaluate alternatives. He records the first alternative as the initial survivor and then at every stage, he compares the current survivor with the next alternative in the list to determine whether the next alternative replaces that to become the new survivor. When the entire list is exhausted in this manner, the agent chooses the survivor in the last stage. We call this procedure “iterative” and provide an axiomatic characterization for it when the order in every list is observable. Then, we also study characterizations of the iterative procedure that is prone to the well-known primacy and recency effects. Finally, we analyze situations where the order of alternatives is unknown to an outside observer and provide a characterization result that enables such an outsider with limited information to understand whether the decision maker can indeed be an iterative list chooser for some order.
DOI	10.1016/j.jmateco.2014.05.002
Cilt	53

Kaynağa git Özyeğin Üniversitesi

Aramaya Dön

Özyeğin Üniversitesi

Kaynağa git

A theory of iterative choice in lists

Yazar Güney, Begüm

Basım Tarihi 2014-08

Basım Yeri - Elsevier

Konu Choice, List, Iterative, Order effect, Primacy effect, Recency effect

Tür Süreli Yayın

Dil İngilizce

Dijital Evet

Yazma Hayır

Kütüphane Özyeğin Üniversitesi

Demirbaş Numarası 0304-4068

Kayıt Numarası fabf3073-521e-4dd1-b556-8d23596fc444

Lokasyon Economics

Tarih 2014-08

Notlar Due to copyright restrictions, the access to the full text of this article is only available via subscription.

Örnek Metin In a list, alternatives appear according to an order and the decision maker follows this order to evaluate alternatives. He records the first alternative as the initial survivor and then at every stage, he compares the current survivor with the next alternative in the list to determine whether the next alternative replaces that to become the new survivor. When the entire list is exhausted in this manner, the agent chooses the survivor in the last stage. We call this procedure “iterative” and provide an axiomatic characterization for it when the order in every list is observable. Then, we also study characterizations of the iterative procedure that is prone to the well-known primacy and recency effects. Finally, we analyze situations where the order of alternatives is unknown to an outside observer and provide a characterization result that enables such an outsider with limited information to understand whether the decision maker can indeed be an iterative list chooser for some order.

DOI 10.1016/j.jmateco.2014.05.002

Cilt 53