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Simple Models for Multiattribute Choice with Many Alternatives: When It Does and Does Not Pay to Face Trade-offs with Binary Attributes

Citations

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Cited by:

  1. Andreas Ortmann & Leonidas Spiliopoulos, 2017. "The beauty of simplicity? (Simple) heuristics and the opportunities yet to be realized," Chapters, in: Morris Altman (ed.), Handbook of Behavioural Economics and Smart Decision-Making, chapter 7, pages 119-136, Edward Elgar Publishing.
  2. Karaliopoulos, Merkouris & Katsikopoulos, Konstantinos & Lambrinos, Lambros, 2017. "Bounded rationality can make parking search more efficient: The power of lexicographic heuristics," Transportation Research Part B: Methodological, Elsevier, vol. 101(C), pages 28-50.
  3. repec:cup:judgdm:v:16:y:2021:i:6:p:1324-1369 is not listed on IDEAS
  4. Jyrki Wallenius & James S. Dyer & Peter C. Fishburn & Ralph E. Steuer & Stanley Zionts & Kalyanmoy Deb, 2008. "Multiple Criteria Decision Making, Multiattribute Utility Theory: Recent Accomplishments and What Lies Ahead," Management Science, INFORMS, vol. 54(7), pages 1336-1349, July.
  5. Cinelli, Marco & Kadziński, Miłosz & Gonzalez, Michael & Słowiński, Roman, 2020. "How to support the application of multiple criteria decision analysis? Let us start with a comprehensive taxonomy," Omega, Elsevier, vol. 96(C).
  6. Apesteguia, Jose & Ballester, Miguel A., 2013. "Choice by sequential procedures," Games and Economic Behavior, Elsevier, vol. 77(1), pages 90-99.
  7. Christina Schamp & Mark Heitmann & Robin Katzenstein, 2019. "Consideration of ethical attributes along the consumer decision-making journey," Journal of the Academy of Marketing Science, Springer, vol. 47(2), pages 328-348, March.
  8. Katsikopoulos, Konstantinos V., 2016. "On the role of psychological heuristics in operational research; and a demonstration in military stability operationsAuthor-Name: Keller, Niklas," European Journal of Operational Research, Elsevier, vol. 249(3), pages 1063-1073.
  9. Hauser, John R., 2014. "Consideration-set heuristics," Journal of Business Research, Elsevier, vol. 67(8), pages 1688-1699.
  10. Rakesh K. Sarin, 2013. "From the Editor ---Median Aggregation, Scoring Rules, Expert Forecasts, Choices with Binary Attributes, Portfolio with Dependent Projects, and Information Security," Decision Analysis, INFORMS, vol. 10(4), pages 277-278, December.
  11. Berg, Nathan, 2014. "Success from satisficing and imitation: Entrepreneurs' location choice and implications of heuristics for local economic development," Journal of Business Research, Elsevier, vol. 67(8), pages 1700-1709.
  12. Manel Baucells & Juan A. Carrasco & Robin M. Hogarth, 2008. "Cumulative Dominance and Heuristic Performance in Binary Multiattribute Choice," Operations Research, INFORMS, vol. 56(5), pages 1289-1304, October.
  13. Tibor Besedeš & Cary Deck & Sudipta Sarangi & Mikhael Shor, 2012. "Age Effects and Heuristics in Decision Making," The Review of Economics and Statistics, MIT Press, vol. 94(2), pages 580-595, May.
  14. Robin M. Hogarth & Natalia Karelaia, 2006. "Regions of Rationality: Maps for Bounded Agents," Decision Analysis, INFORMS, vol. 3(3), pages 124-144, September.
  15. Konstantinos V. Katsikopoulos, 2013. "Why Do Simple Heuristics Perform Well in Choices with Binary Attributes?," Decision Analysis, INFORMS, vol. 10(4), pages 327-340, December.
  16. Beccacece, F. & Borgonovo, E., 2011. "Functional ANOVA, ultramodularity and monotonicity: Applications in multiattribute utility theory," European Journal of Operational Research, Elsevier, vol. 210(2), pages 326-335, April.
  17. Sudeep Bhatia & Graham Loomes & Daniel Read, 2021. "Establishing the laws of preferential choice behavior," Judgment and Decision Making, Society for Judgment and Decision Making, vol. 16(6), pages 1324-1369, November.
  18. Berg, Nathan & Biele, Guido & Gigerenzer, Gerd, 2010. "Does consistency predict accuracy of beliefs?: Economists surveyed about PSA," MPRA Paper 26590, University Library of Munich, Germany.
  19. repec:cup:judgdm:v:9:y:2014:i:5:p:403-419 is not listed on IDEAS
  20. C. Troise & D. Matricano & E. Candelo & L. Schjoedt, 2022. "A ten-year cross-national examination of the dance between intuition and rationality in entrepreneurial processes," International Entrepreneurship and Management Journal, Springer, vol. 18(2), pages 663-692, June.
  21. Clintin Davis-Stober, 2011. "A Geometric Analysis of When Fixed Weighting Schemes Will Outperform Ordinary Least Squares," Psychometrika, Springer;The Psychometric Society, vol. 76(4), pages 650-669, October.
  22. Yi-Chun Chen & Dmitry Mitrofanov, 2023. "A Nonparametric Stochastic Set Model: Identification, Optimization, and Prediction," Papers 2302.04354, arXiv.org, revised Jul 2023.
  23. Matthew S. Wilson, 2018. "Rationality with preference discovery costs," Theory and Decision, Springer, vol. 85(2), pages 233-251, August.
  24. Katsikopoulos, Konstantinos V. & Egozcue, Martin & Garcia, Luis Fuentes, 2022. "A simple model for mixing intuition and analysis," European Journal of Operational Research, Elsevier, vol. 303(2), pages 779-789.
  25. Katsikopoulos, Konstantinos V. & Durbach, Ian N. & Stewart, Theodor J., 2018. "When should we use simple decision models? A synthesis of various research strands," Omega, Elsevier, vol. 81(C), pages 17-25.
  26. Jean-François Bonnefon & Didier Dubois & Hélène Fargier & Sylvie Leblois, 2008. "Qualitative Heuristics For Balancing the Pros and Cons," Theory and Decision, Springer, vol. 65(1), pages 71-95, August.
  27. Konstantinos V. Katsikopoulos, 2011. "Psychological Heuristics for Making Inferences: Definition, Performance, and the Emerging Theory and Practice," Decision Analysis, INFORMS, vol. 8(1), pages 10-29, March.
  28. David Leiser & Dov-Ron Schatzberg, 2008. "On the complexity of traffic judges' decisions," Judgment and Decision Making, Society for Judgment and Decision Making, vol. 3(8), pages 667-678, December.
  29. Durbach, Ian N., 2009. "The use of the SMAA acceptability index in descriptive decision analysis," European Journal of Operational Research, Elsevier, vol. 196(3), pages 1229-1237, August.
  30. Konstantinos Katsikopoulos & Gerd Gigerenzer, 2008. "One-reason decision-making: Modeling violations of expected utility theory," Journal of Risk and Uncertainty, Springer, vol. 37(1), pages 35-56, August.
  31. Felipe A. Csaszar & J. P. Eggers, 2013. "Organizational Decision Making: An Information Aggregation View," Management Science, INFORMS, vol. 59(10), pages 2257-2277, October.
  32. Flores-Szwagrzak, Karol, 2022. "Learning by Convex Combination," Working Papers 16-2022, Copenhagen Business School, Department of Economics.
  33. Pande, Shashwat M. & Papamichail, K. Nadia & Kawalek, Peter, 2021. "Compatibility effects in the prescriptive application of psychological heuristics: Inhibition, Integration and Selection," European Journal of Operational Research, Elsevier, vol. 295(3), pages 982-995.
  34. Pantelis P. Analytis & Amit Kothiyal & Konstantinos Katsikopoulos, 2014. "Multi-attribute utility models as cognitive search engines," Judgment and Decision Making, Society for Judgment and Decision Making, vol. 9(5), pages 403-419, September.
  35. M. Hosein Zare & Oleg A. Prokopyev & Denis Sauré, 2020. "On Bilevel Optimization with Inexact Follower," Decision Analysis, INFORMS, vol. 17(1), pages 74-95, March.
  36. repec:cup:judgdm:v:3:y:2008:i:8:p:667-678 is not listed on IDEAS
  37. Torsten Reimer & Ulrich Hoffrage, 2006. "The Ecological Rationality of Simple Group Heuristics: Effects of Group Member Strategies on Decision Accuracy," Theory and Decision, Springer, vol. 60(4), pages 403-438, June.
  38. Robin Hogarth & Natalia Karelaia, 2006. "On heuristic and linear models of judgment: Mapping the demand for knowledge," Economics Working Papers 974, Department of Economics and Business, Universitat Pompeu Fabra.
  39. Bremer, Lucas & Heitmann, Mark & Schreiner, Thomas F., 2017. "When and how to infer heuristic consideration set rules of consumers," International Journal of Research in Marketing, Elsevier, vol. 34(2), pages 516-535.
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