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A simple characterization of responsive choice

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  • Chambers, Christopher P.
  • Yenmez, M. Bumin

Abstract

We provide several characterizations of q-responsive choice functions, based on classical axioms of matching theory and revealed preference theory.

Suggested Citation

  • Chambers, Christopher P. & Yenmez, M. Bumin, 2018. "A simple characterization of responsive choice," Games and Economic Behavior, Elsevier, vol. 111(C), pages 217-221.
    • Handle: RePEc:eee:gamebe:v:111:y:2018:i:c:p:217-221
    DOI: 10.1016/j.geb.2018.07.001
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    References listed on IDEAS

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    1. Battal Doğan & Serhat Doğan & Kemal Yıldız, 2021. "Lexicographic choice under variable capacity constraints," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 23(1), pages 172-196, February.
    2. de Clippel, Geoffroy & Rozen, Kareen, 2021. "Bounded rationality and limited datasets," Theoretical Economics, Econometric Society, vol. 16(2), May.
    3. Chambers,Christopher P. & Echenique,Federico, 2016. "Revealed Preference Theory," Cambridge Books, Cambridge University Press, number 9781107087804.
    4. Christopher P. Chambers & M. Bumin Yenmez, 2017. "Choice and Matching," American Economic Journal: Microeconomics, American Economic Association, vol. 9(3), pages 126-147, August.
    5. Fishburn, Peter C, 1975. "Semiorders and Choice Functions," Econometrica, Econometric Society, vol. 43(5-6), pages 975-977, Sept.-Nov.
    6. Tyson, Christopher J., 2008. "Cognitive constraints, contraction consistency, and the satisficing criterion," Journal of Economic Theory, Elsevier, vol. 138(1), pages 51-70, January.
    7. Fuad Aleskerov & Denis Bouyssou & Bernard Monjardet, 2007. "Utility Maximization, Choice and Preference," Springer Books, Springer, edition 0, number 978-3-540-34183-3, November.
    8. Christopher P. Chambers & Federico Echenique & Eran Shmaya, 2014. "The Axiomatic Structure of Empirical Content," American Economic Review, American Economic Association, vol. 104(8), pages 2303-2319, August.
    9. Kfir Eliaz & Michael Richter & Ariel Rubinstein, 2011. "Choosing the two finalists," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 46(2), pages 211-219, February.
    10. Salvador Barberà & Alejandro Neme, 2015. "Ordinal Relative Satisficing Behavior: Theory and Experiments," Working Papers 790, Barcelona School of Economics.
    11. Duggan, John, 1999. "A General Extension Theorem for Binary Relations," Journal of Economic Theory, Elsevier, vol. 86(1), pages 1-16, May.
    12. Jamison, Dean T & Lau, Lawrence J, 1973. "Semiorders and the Theory of Choice," Econometrica, Econometric Society, vol. 41(5), pages 901-912, September.
    13. Ehlers, Lars & Sprumont, Yves, 2008. "Weakened WARP and top-cycle choice rules," Journal of Mathematical Economics, Elsevier, vol. 44(1), pages 87-94, January.
    14. Roth, Alvin E, 1984. "Stability and Polarization of Interests in Job Matching," Econometrica, Econometric Society, vol. 52(1), pages 47-57, January.
    15. Wilson, Robert B., 1970. "The finer structure of revealed preference," Journal of Economic Theory, Elsevier, vol. 2(4), pages 348-353, December.
    16. Kelso, Alexander S, Jr & Crawford, Vincent P, 1982. "Job Matching, Coalition Formation, and Gross Substitutes," Econometrica, Econometric Society, vol. 50(6), pages 1483-1504, November.
    17. Tyson, Christopher J., 2008. "Cognitive constraints, contraction consistency, and the satisficing criterion," Journal of Economic Theory, Elsevier, vol. 138(1), pages 51-70, January.
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    Citations

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    Cited by:

    1. Samson Alva & Battal Dou{g}an, 2021. "Choice and Market Design," Papers 2110.15446, arXiv.org, revised Nov 2021.
    2. Hafalir, Isa E. & Kojima, Fuhito & Yenmez, M. Bumin, 2022. "Interdistrict school choice: A theory of student assignment," Journal of Economic Theory, Elsevier, vol. 201(C).
    3. Geng, Sen & Özbay, Erkut Y., 2021. "Shortlisting procedure with a limited capacity," Journal of Mathematical Economics, Elsevier, vol. 94(C).
    4. Battal Dou{g}an & Kenzo Imamura & M. Bumin Yenmez, 2022. "Market Design with Deferred Acceptance: A Recipe for Policymaking," Papers 2209.06777, arXiv.org.
    5. Chambers, Christopher P. & Yenmez, M. Bumin, 2018. "On lexicographic choice," Economics Letters, Elsevier, vol. 171(C), pages 222-224.
    6. Battal Doğan & Serhat Doğan & Kemal Yıldız, 2021. "Lexicographic choice under variable capacity constraints," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 23(1), pages 172-196, February.
    7. Yenmez, M. Bumin, 2018. "A college admissions clearinghouse," Journal of Economic Theory, Elsevier, vol. 176(C), pages 859-885.
    8. Salvador Barberà & Geoffroy de Clippel & Alejandro Neme & Kareen Rozen, 2022. "Order-k rationality," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 73(4), pages 1135-1153, June.
    9. Salador Barera & Kareen Rozen, 2018. "Good Enough," Working Papers 2018-12, Brown University, Department of Economics.
    10. Doğan, Battal & Yenmez, M. Bumin, 2019. "Unified versus divided enrollment in school choice: Improving student welfare in Chicago," Games and Economic Behavior, Elsevier, vol. 118(C), pages 366-373.
    11. O. Volij & M. Mahajne, 2020. "The Individually Acceptable Choice Correspondence," Working Papers 2015, Ben-Gurion University of the Negev, Department of Economics.

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    More about this item

    Keywords

    Responsive; Acceptant; WWARP; Satisficing;
    All these keywords.

    JEL classification:

    • C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory
    • D47 - Microeconomics - - Market Structure, Pricing, and Design - - - Market Design
    • D71 - Microeconomics - - Analysis of Collective Decision-Making - - - Social Choice; Clubs; Committees; Associations
    • D78 - Microeconomics - - Analysis of Collective Decision-Making - - - Positive Analysis of Policy Formulation and Implementation

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