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Le modèle « Élimination par attributs » de Tversky. Une application à la différenciation des produits

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  • Reynald-Alexandre Laurent

Abstract

The ?Elimination by aspects? (eba) heuristic is used to choose among a given set of products during a sequential process : at each stage, consumers eliminate the products which do not possess a particular attribute, until only one good remains. Tversky [1972] elaborates a discrete choice model from this heuristic, in which the price gap is seen as an attribute. We use these probabilities to construct demands of a differentiated duopoly with imperfect rationality of consumers. At the price equilibrium, the ?differentiation by attributes? constitutes a general framework which embodies both horizontal and vertical differentiation. Classification JEL : D11, D43, L13.

Suggested Citation

  • Reynald-Alexandre Laurent, 2007. "Le modèle « Élimination par attributs » de Tversky. Une application à la différenciation des produits," Revue économique, Presses de Sciences-Po, vol. 58(3), pages 545-554.
    • Handle: RePEc:cai:recosp:reco_583_0545
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    Cited by:

    1. Anderson, Simon P. & de Palma, André, 2012. "Oligopoly and Luce's Choice Axiom," Regional Science and Urban Economics, Elsevier, vol. 42(6), pages 1053-1060.
    2. Damien Jourdain & Juliette Lairez & Bruno Striffler & Thomas Lundhede, 2022. "A choice experiment approach to evaluate maize farmers’ decision-making processes in Lao PDR," Post-Print hal-03737618, HAL.

    More about this item

    JEL classification:

    • D11 - Microeconomics - - Household Behavior - - - Consumer Economics: Theory
    • D43 - Microeconomics - - Market Structure, Pricing, and Design - - - Oligopoly and Other Forms of Market Imperfection
    • L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets

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