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Rational Shortlist Method with refined rationales

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  • Nosratabadi, Hassan

Abstract

We study a shortlisting model of choice where a decision-maker first applies her inherent rationale and then follows with a sequence of refined rationales that are triggered by inferior alternatives in a menu. Our decision-maker exhausts all the possible paths of sequential filtering. This model captures choice anomalies in multi-attribute choice space where shortlisting seems to be a natural heuristic, and where existing literature comes short.

Suggested Citation

  • Nosratabadi, Hassan, 2024. "Rational Shortlist Method with refined rationales," Mathematical Social Sciences, Elsevier, vol. 127(C), pages 12-18.
    • Handle: RePEc:eee:matsoc:v:127:y:2024:i:c:p:12-18
    DOI: 10.1016/j.mathsocsci.2023.10.003
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    References listed on IDEAS

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