List-rationalizable choice

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dc.citation.epage599en_US
dc.citation.issueNumber2en_US
dc.citation.spage587en_US
dc.citation.volumeNumber11en_US
dc.contributor.authorYıldız, K.en_US
dc.date.accessioned2018-04-12T11:07:22Z
dc.date.available2018-04-12T11:07:22Zen_US
dc.date.issued2016en_US
dc.departmentDepartment of Economicsen_US
dc.description.abstractA choice function is list rational(izable) if there is a fixed list such that for each choice set, successive comparison of the alternatives by following the list retrieves the chosen alternative. We extend the formulation of list rationality to stochastic choice setup. We say two alternatives are related if the stochastic path independence condition is violated between these alternatives. We show that a random choice function is list rational if and only if this relation is acyclic. Our characterization for deterministic choice functions follows as a corollary. By using this characterization, we relate list rationality to two-stage choice procedures. © 2016 The Econometric Society.en_US
dc.identifier.doi10.3982/TE1298en_US
dc.identifier.eissn1555-7561
dc.identifier.issn1933-6837
dc.identifier.urihttp://hdl.handle.net/11693/37252en_US
dc.language.isoEnglishen_US
dc.publisherEconomic Societyen_US
dc.relation.isversionofhttp://dx.doi.org/10.3982/TE1298en_US
dc.source.titleTheoretical Economicsen_US
dc.subjectAcyclicityen_US
dc.subjectChoice functionsen_US
dc.subjectListen_US
dc.subjectPath independenceen_US
dc.subjectRandom choiceen_US
dc.subjectRationalizationen_US
dc.titleList-rationalizable choiceen_US
dc.typeArticleen_US

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