作者
Federico Echenique, Kota Saito, Gerelt Tserenjigmid
发表日期
2018/5/1
期刊
Mathematical Social Sciences
卷号
93
页码范围
67-76
出版商
North-Holland
简介
We develop an axiomatic theory of random choice that builds on Luce’s (1959) model to incorporate a role for perception. We capture the role of perception through perception priorities; priorities that determine whether an object or alternative is perceived sooner or later than other alternatives. We identify agents’ perception priorities from their violations of Luce’s axiom of independence from irrelevant alternatives (IIA). The direction of the violation of IIA implies an orientation of agents’ priority rankings. We adjust choice probabilities to account for the effects of perception, and impose that adjusted choice probabilities satisfy IIA. So all violations of IIA are accounted for by the perception order. The theory can explain some very well-documented behavioral phenomena in individual choice.
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学术搜索中的文章
F Echenique, K Saito, G Tserenjigmid - Mathematical Social Sciences, 2018