Manipulation of Choice Behavior

Paola Manzini, Marco Mariotti and Christopher Tyson

No 5891, IZA Discussion Papers from Institute of Labor Economics (IZA)

Abstract: We introduce and study the problem of manipulation of choice behavior. In a class of two-stage models of decision making, with the agent's choices determined by three "psychological variables," we imagine that a subset of these variables can be selected by a "manipulator." To what extent does this confer control of the agent's behavior? Within the specified framework, which overlaps with two existing models of choice under cognitive constraints, we provide a complete answer to this question.

Keywords: satisficing; attention; choice function; revealed preference; threshold (search for similar items in EconPapers)
JEL-codes: D01 D03 D70 (search for similar items in EconPapers)
Pages: 17 pages
Date: 2011-07
New Economics Papers: this item is included in nep-cbe, nep-dcm, nep-evo and nep-neu
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

Published - revised version published as 'Two-stage threshold representations' in: Theoretical Economics, 2013, 8, 875–882

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