A Simple Experienced Choice Model: A Revealed Preference Approach

IF 1.2 4区 经济学 Q3 ECONOMICS
Bulletin of Economic Research Pub Date : 2026-04-03 Epub Date: 2025-11-06 DOI:10.1111/boer.70014
Hadi Pahlevan Yazdanabad
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引用次数: 0

Abstract

In this paper, we present a framework to study different possible choice models with an underlying characteristic in common: the decision maker can make mistakes due to cognitive limitations but such mistakes disappear once options are experienced. We present both a possible class of models and its axiomatic characterization. We also use a machinery developed to contribute to welfare analysis by using observable choices to identify a welfare-relevant preference relation.

一个简单的经验选择模型:揭示偏好方法
在本文中,我们提出了一个框架来研究不同可能的选择模型,这些模型具有一个共同的潜在特征:决策者可能由于认知限制而犯错误,但一旦经历了选择,这些错误就会消失。我们提出了一类可能的模型及其公理化表征。我们还使用了一种机制,通过使用可观察的选择来识别福利相关的偏好关系,从而为福利分析做出贡献。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
CiteScore
1.40
自引率
0.00%
发文量
56
期刊介绍: The Bulletin of Economic Research is an international journal publishing articles across the entire field of economics, econometrics and economic history. The Bulletin contains original theoretical, applied and empirical work which makes a substantial contribution to the subject and is of broad interest to economists. We welcome submissions in all fields and, with the Bulletin expanding in new areas, we particularly encourage submissions in the fields of experimental economics, financial econometrics and health economics. In addition to full-length articles the Bulletin publishes refereed shorter articles, notes and comments; authoritative survey articles in all areas of economics and special themed issues.
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