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Justification within and between social contexts with the possibility of choice deferral

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  • Yazdanabad, Hadi Pahlevan

Abstract

This paper provides axiomatic characterizations for a class of models where a decision maker (henceforth, DM) maximizes a single preference ranking subject to a shortlist that depends on the underlying choice set and social context. Thus, the primitive is a dataset of choices from every choice set – social context pair that is called the context. The DM is supposed to choose the most preferred option from the shortlist of each context. However, due to existence of conflicting norms (or norms uncertainty), he/she might choose no option in some contexts. Therefore, unlike existing justification models, choice deferral is possible in our framework.

Suggested Citation

  • Yazdanabad, Hadi Pahlevan, 2024. "Justification within and between social contexts with the possibility of choice deferral," Journal of Mathematical Economics, Elsevier, vol. 112(C).
  • Handle: RePEc:eee:mateco:v:112:y:2024:i:c:s0304406824000478
    DOI: 10.1016/j.jmateco.2024.102985
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    More about this item

    Keywords

    Justification; Within social context effect; Between social context effect; Choice deferral; Rationales;
    All these keywords.

    JEL classification:

    • D01 - Microeconomics - - General - - - Microeconomic Behavior: Underlying Principles
    • D91 - Microeconomics - - Micro-Based Behavioral Economics - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making

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