Partial Knowledge Restrictions on the Two-Stage Threshold Model of Choice

Paola Manzini, Marco Mariotti and Christopher Tyson

No 790, Working Papers from Queen Mary University of London, School of Economics and Finance

Abstract: In the context of the two-stage threshold model of decision making, with the agent's choices determined by the interaction of three "structural variables," we study the restrictions on behaviour that arise when one or more variables are exogenously known. Our results supply necessary and sufficient conditions for consistency with the model for all possible states of partial knowledge, and for both single- and multi-valued choice functions.

Keywords: Attention; Revealed preference; Salience; Satisficing (search for similar items in EconPapers)
JEL-codes: D01 D03 (search for similar items in EconPapers)
Date: 2016-03-30
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.qmul.ac.uk/sef/media/econ/research/wor ... 2016/items/wp790.pdf (application/pdf)

Related works:
Journal Article: Partial knowledge restrictions on the two-stage threshold model of choice (2016)
Working Paper: Partial Knowledge Restrictions on theTwo-Stage Threshold Model of Choice (2015)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:qmw:qmwecw:790

Access Statistics for this paper

More papers in Working Papers from Queen Mary University of London, School of Economics and Finance Contact information at EDIRC.
Bibliographic data for series maintained by Nicholas Owen ( this e-mail address is bad, please contact ).