An Axiomatic Analysis of Planner-Doer Games

Chandrasekher, Madhav

doi:10.2139/ssrn.2794189

Cited by 1 publication

(3 citation statements)

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“…9 What is more, Cuhadaroglu's characterization of that model exploits the kinds of insights developed here. In Section 6, I show how the results provide an understanding of behavior in the other applications as well.…”

Section: Applicationsmentioning

confidence: 78%

“…In the other three models, it is the second. 9 The extreme status quo model has only been characterized jointly with a second status quo model (described in Section 6). In turn, characterizations of the compromise and willpower models exist only for the menu preference domain.…”

Section: Other Shortlist Methodsmentioning

confidence: 99%

“…Compromise (Chandrasekher [2015]) The domain X is partitioned into categories {C 1 , ..., C n }. The agent consists of conflicting selves: a "planner" with total preference P; and, a "doer" with preference P −1 .…”

Section: Applicationsmentioning

confidence: 99%

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A simple model of two-stage choice

Horan

2016

Journal of Economic Theory

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I provide choice-theoretic foundations for a simple two-stage model, called transitive shortlist methods, where choices are made by sequentially by applying a pair of transitive preferences (or rationales) to eliminate inferior alternatives. Despite its simplicity, the model accommodates a wide range of choice phenomena including the status quo bias, framing, homophily, compromise, and limited willpower.I establish that the model can be succinctly characterized in terms of some well-documented context effects in choice. I also show that the underlying rationales are straightforward to determine from readily observable reversals in choice. Finally, I highlight the usefulness of these results in a variety of applications.

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Section: Applicationsmentioning

confidence: 78%

Section: Other Shortlist Methodsmentioning

confidence: 99%