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    Behavioral implications of shortlisting procedures 
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    Behavioral implications of shortlisting procedures

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    Accepted version (339.4Kb)
    Volume
    41
    Pagination
    941 - 963 (22)
    Publisher
    Springer Berlin-Heidelberg
    Publisher URL
    http://link.springer.com/article/10.1007/s00355-012-0704-0
    DOI
    10.1007/s00355-012-0704-0
    Journal
    Social Choice and Welfare
    Issue
    4
    ISSN
    0176-1714
    Metadata
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    Abstract
    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.
    Authors
    TYSON, CJ
    URI
    http://qmro.qmul.ac.uk/xmlui/handle/123456789/7399
    Collections
    • Economics and Finance [210]
    Language
    English
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