Satisficing with a variable threshold

DOI10.1016/J.JMATECO.2019.12.005zbMath1436.91040OpenAlexW3121479630WikidataQ126334042 ScholiaQ126334042MaRDI QIDQ1985733

Matthew Kovach, Levent Ülkü

Publication date: 7 April 2020

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

Full work available at URL: https://doi.org/10.1016/j.jmateco.2019.12.005

zbMATH Keywords

satisficingstochastic choicerandom thresholdsstochastic consideration

Mathematics Subject Classification ID

Decision theory (91B06) Utility theory (91B16)

Related Items (7)

A random attention and utility model ⋮ Adaptive stochastic search ⋮ Random utility and limited consideration ⋮ A menu dependent Luce model with a numeraire ⋮ A model of stochastic choice from lists ⋮ Stochastic choice with limited memory ⋮ Approval with frames

Cites Work

• Satisficing and stochastic choice
• Choosing two finalists and the winner
• Cognitive constraints, contraction consistency, and the satisficing criterion
• Rational choice with status quo bias
• Random categorization and bounded rationality
• Adaptive stochastic search
• Revealed Preference Theory
• Temptation and Self-Control
• List-rationalizable choice
• Menu-Dependent Stochastic Feasibility
• Stochastic Choice and Consideration Sets
• Rationalizing Choice Functions By Multiple Rationales

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