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Behavioral implications of shortlisting procedures

  • Christopher Tyson

    ()

We consider two-stage “shortlisting procedures” in which the menu of alternatives is first pruned by some process or criterion and then a binary relation is maximized. Given a particular first-stage process, our main result supplies a necessary and sufficient condition for choice data to be consistent with a procedure in the designated class. This result applies to any class of procedures with a certain lattice structure, including the cases of “consideration filters,” “satisficing with salience effects,” and “rational shortlist methods.” The theory avoids background assumptions made for mathematical convenience; in this and other respects following Richter’s classical analysis of preference-maximizing choice in the absence of shortlisting. Copyright Springer-Verlag Berlin Heidelberg 2013

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File URL: http://hdl.handle.net/10.1007/s00355-012-0704-0
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Article provided by Springer in its journal Social Choice and Welfare.

Volume (Year): 41 (2013)
Issue (Month): 4 (October)
Pages: 941-963

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Handle: RePEc:spr:sochwe:v:41:y:2013:i:4:p:941-963
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