Limited attention and status quo bias

DOI10.1016/J.JET.2017.01.009zbMATH Open1400.91131OpenAlexW3125950882MaRDI QIDQ2397631FDOQ2397631

Yusufcan Masatlioglu, Özgür Ö. Kıbrıs, Mark Dean

Publication date: 23 May 2017

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: http://hdl.handle.net/10419/145423

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zbMATH Keywords

attentionrevealed preferencereference dependencestatus quo bias

Mathematics Subject Classification ID

Decision theory (91B06) Individual preferences (91B08)

Cites Work

• Reference-dependent subjective expected utility.
• Rational choice with status quo bias
• A theory of reference-dependent behavior
• The power of suggestion: Inertia in \(401(k)\) participation and savings behavior
• A Canonical Model of Choice with Initial Endowments
• Anchored preference relations
• Status quo bias, multiple priors and uncertainty aversion
• When more is less: limited consideration
• (A,f): Choice with Frames¹
• Choice by iterative search
• Rationalization
• Social Choice Theory: A Re-Examination
• Revealed incomplete preferences under status-quo bias
• Choice problems with a `reference' point
• Choice functions with states of mind
• Understanding the reference effect
• Asymmetric dominance, deferral, and status quo bias in a behavioral model of choice
• Ballot Position, Choice Fatigue, and Voter Behaviour

Cited In (18)

• Justification within and between social contexts with the possibility of choice deferral
• Inattention and belief polarization
• Welfare analysis when choice is status-quo biased
• Exclusive shortlisting choice with reference
• How choice proliferation affects revealed preferences
• Random utility models with status quo bias
• Mood-driven choices and self-regulation
• Status quo bias, multiple priors and uncertainty aversion
• Rational choice with status quo bias
• Decision making within a product network
• A theory of reference point formation
• Dynamic choice under familiarity-based attention
• Self-control preferences and status-quo bias
• Taste uncertainty and status quo effects in consumer choice
• When more is less: limited consideration
• On the observable restrictions of limited consideration models: theory and application
• Status quo bias with choice overload
• Unanimous rules in the laboratory

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