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Shortlisting

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Author Info
Paola Manzini (Queen Mary, University of London & IZA)
Marco Mariotti (Queen Mary, University of London)

Additional information is available for the following registered author(s):

Abstract

We study the properties of decisions made by committees who select alternatives by constructing shortlists. We find that even when committees are themselves rational, such procedures may not give rise to rational choices. A necessary condition for this to occur is disagreement between committees. However, we delimit substantially the extent of `irrationality' that these procedures allow.

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File URL: http://129.3.20.41/eps/pe/papers/0503/0503006.pdf
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Publisher Info
Paper provided by EconWPA in its series Public Economics with number 0503006.

Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Length: 10 pages
Date of creation: 15 Mar 2005
Date of revision: 14 Jul 2005
Handle: RePEc:wpa:wuwppe:0503006

Note: Type of Document - pdf; pages: 10
Contact details of provider:
Web page: http://129.3.20.41

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Related research
Keywords: Committees; shortlist; menu-dependence; cycles of choice;

Find related papers by JEL classification:
D71 - Microeconomics - - Analysis of Collective Decision-Making - - - Social Choice; Clubs; Committees; Associations

This paper has been announced in the following NEP Reports:

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Paola Manzini & Marco Mariotti, 2004. "Rationalizing Boundedly Rational Choice," Microeconomics 0407005, EconWPA, revised 21 Jul 2005. [Downloadable!]
  2. Sen, Amartya K, 1971. "Choice Functions and Revealed Preference," Review of Economic Studies, Blackwell Publishing, vol. 38(115), pages 307-17, July. [Downloadable!] (restricted)
  3. Sen, Amartya, 1993. "Internal Consistency of Choice," Econometrica, Econometric Society, vol. 61(3), pages 495-521, May. [Downloadable!] (restricted)
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