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Exclusive shortlisting choice with reference

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  • Qin, Dan

Abstract

This study extends Masatlioglu and Ok’s (2014) results to characterize a reference-dependent shortlisting model with asymmetric, acyclic, transitive, and linear order first-stage criterion. The exercise is meaningful in two ways. Firstly, many practical situations fit these assumptions. Secondly, the results are useful in the comparison of reference-dependent and reference-free two-stage choices.

Suggested Citation

  • Qin, Dan, 2021. "Exclusive shortlisting choice with reference," Economics Letters, Elsevier, vol. 198(C).
    • Handle: RePEc:eee:ecolet:v:198:y:2021:i:c:s0165176520304353
    DOI: 10.1016/j.econlet.2020.109675
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    References listed on IDEAS

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    1. Rohan Dutta & Sean Horan, 2015. "Inferring Rationales from Choice: Identification for Rational Shortlist Methods," American Economic Journal: Microeconomics, American Economic Association, vol. 7(4), pages 179-201, November.
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    More about this item

    Keywords

    Reference-dependence choice; Shortlisting; Bounded rationality;
    All these keywords.

    JEL classification:

    • D1 - Microeconomics - - Household Behavior
    • D10 - Microeconomics - - Household Behavior - - - General

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