REASON-BASED CHOICE AND CONTEXT-DEPENDENCE: AN EXPLANATORY FRAMEWORK

被引：33
作者：
Dietrich, Franz [1 ,2 ]
List, Christian [3 ,4 ]
机构：
[1] Paris Sch Econ, 106-112 Blvd Hop, F-75647 Paris 13, France
[2] CNRS, CES, Maison Sci Econ, 106-112 Blvd Hop, F-75647 Paris 13, France
[3] London Sch Econ, Dept Govt, London WC2A 2AE, England
[4] London Sch Econ, Dept Philosophy, London WC2A 2AE, England
来源：
ECONOMICS AND PHILOSOPHY | 2016年 / 32卷 / 02期
关键词：
Rational choice; reasons; context-dependence; bounded and sophisticated rationality; prediction of choice; INTERNAL CONSISTENCY; ATTRACTION;
D O I：
10.1017/S0266267115000474
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
We introduce a reason-based' framework for explaining and predicting individual choices. The key idea is that a decision-maker focuses on some but not all properties of the options and chooses an option whose motivationally salient' properties he/she most prefers. Reason-based explanations can capture two kinds of context-dependent choice: (i) the motivationally salient properties may vary across choice contexts, and (ii) they may include context-related' properties, not just intrinsic' properties of the options. Our framework allows us to explain boundedly rational and sophisticated choice behaviour. Since properties can be recombined in new ways, it also offers resources for predicting choices in unobserved contexts.
引用
收藏
页码：175 / 229
页数：55
相关论文
共 45 条
  • [1] [Anonymous], 1963, The Logic of Preference
  • [2] Bermudez J.L., 2009, Decision Theory and Rationality
  • [3] BEYOND REVEALED PREFERENCE: CHOICE-THEORETIC FOUNDATIONS FOR BEHAVIORAL WELFARE ECONOMICS
    Bernheim, B. Douglas
    Rangel, Antonio
    [J]. QUARTERLY JOURNAL OF ECONOMICS, 2009, 124 (01) : 51 - 104
  • [4] CHOICE, INTERNAL CONSISTENCY AND RATIONALITY
    Bhattacharyya, Aditi
    Pattanaik, Prasanta K.
    Xu, Yongsheng
    [J]. ECONOMICS AND PHILOSOPHY, 2011, 27 (02) : 123 - 149
  • [5] Revealed preference analysis of characteristics models
    Blow, Laura
    Browning, Martin
    Crawford, Ian
    [J]. REVIEW OF ECONOMIC STUDIES, 2008, 75 (02) : 371 - 389
  • [6] Blundell R, 2005, J EUR ECON ASSOC, V3, P211
  • [7] EXTERNAL NORMS AND RATIONALITY OF CHOICE
    Bossert, Walter
    Suzumura, Kotaro
    [J]. ECONOMICS AND PHILOSOPHY, 2009, 25 (02) : 139 - 152
  • [8] Bossert Walter, 2010, Consistency, Choice, and Rationality
  • [9] Camerer CF, 2004, ROUNDTABLE SER BEHAV, P1
  • [10] Rationalization
    Cherepanov, Vadim
    Feddersen, Timothy
    Sandroni, Alvaro
    [J]. THEORETICAL ECONOMICS, 2013, 8 (03) : 775 - 800
12345