Similarity-based mistakes in choice

DOI10.1016/J.JMATECO.2015.09.002MaRDI QIDQ898677zbMATHOpenAlexFDO

Authors Fernando Payró, Levent Ülkü

Publication date 18 December 2015

Published in Journal of Mathematical Economics (Search for Journal in Brave)

Full work available at URL http://ftp.itam.mx/pub/academico/inves/ulku/15-03.pdf

zbMATH Keywords

similaritybounded rationalitymistakescyclic choice

Mathematics Subject Classification ID

Decision theory (91B06)

Recommendations

• Choice procedure consistent with similarity relations
• On the intransitivity of preferences consistent with similarity relations
• Generalized similarity judgements: An alternative explanation for choice anomalies
• Rational expectation of mistakes and a measure of error-proneness
• Choice by sequential procedures

Cites work

• scientific article; zbMATH DE number 48303 (Why is no real title available?)
• Choice functions over a finite set: A summary
• Choosing two finalists and the winner
• Similarity and decision-making under risk (Is there a utility theory resolution to the Allais paradox?)

Cited in

(4)

• Random categorization and bounded rationality
• Generalized similarity judgements: An alternative explanation for choice anomalies
• On the maximization of menu-dependent interval orders
• Cluster-shortlisted choice

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