Choice Certainty and Consistency in Repeated Choice Experiments
نویسندگان
چکیده
منابع مشابه
Choice Certainty and Consistency in Repeated Choice Experiments
The main objective of this study is to examine how repeated choice affects preference learning in stated preference experiments. We test different hypotheses related to preference learning by analyzing response patterns and asking respondents in a choice experiment to report their experienced certainty when going through the choice tasks. In a split-sample test, we show that follow-up choice ce...
متن کاملChoice , internal consistency
The classical theory of rational choice is built on several important internal consistency conditions. In recent years, the reasonableness of those internal consistency conditions has been questioned and criticized, and several responses to accommodate such criticisms have been proposed in the literature. This paper develops a general framework to accommodate the issues raised by the criticisms...
متن کاملChoice , internal consistency , and rationality
Choice, internal consistency, and rationality* Aditi Bhattacharyya Telephone: (951) 970 3431; E-mail: [email protected] Prasanta K. Pattanaik Department of Economics, University of California, Riverside, CA 92521, U.S.A. Telephone: (951) 789 7265; Fax: (951) 789 7265; E-mail: [email protected] Yongsheng Xu Department of Economics, Andrew Young School of Policy Studies, Georg...
متن کاملFuzzy choice functions, consistency, and sequential fuzzy choice
In the setting of fuzzy choice functions (Georgescu [6]), we explore the relationships among known and new consistency axioms. Then we define the notion of sequential application of fuzzy choice functions, and investigate its normative implications. The Fuzzy Arrow Axiom is preserved by this sequential procedure, which ensures that full-rationality is preserved too.
متن کاملEnhanced Choice Experiments∗
We outline experiments that improve our understanding of decision making by analyzing behavior in the period of contemplation that preceeds commitment to a final choice. The experiments are based on axiomatic models of the decision making process that relate closely to revealed preference logic. To test the models, we artificially incentivize particular choices to be made in the pre-decision pe...
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ژورنال
عنوان ژورنال: Environmental and Resource Economics
سال: 2009
ISSN: 0924-6460,1573-1502
DOI: 10.1007/s10640-009-9337-x