Behavioral implications of shortlisting procedures

Christopher Tyson

Social Choice and Welfare, 2013, vol. 41, issue 4, 963 pages

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. Copyright Springer-Verlag Berlin Heidelberg 2013

Date: 2013
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Working Paper: Behavioral Implications of Shortlisting Procedures (2012)
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DOI: 10.1007/s00355-012-0704-0

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