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Discrete models of menu choice.
~
Chandrasekher, Madhav.
Discrete models of menu choice.
Record Type:
Language materials, printed : Monograph/item
Title/Author:
Discrete models of menu choice.
Author:
Chandrasekher, Madhav.
Description:
82 p.
Notes:
Adviser: Chris Shannon.
Notes:
Source: Dissertation Abstracts International, Volume: 69-09, Section: A, page: 3688.
Contained By:
Dissertation Abstracts International69-09A.
Subject:
Economics, Theory.
Online resource:
http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3331569
ISBN:
9780549839729
Discrete models of menu choice.
Chandrasekher, Madhav.
Discrete models of menu choice.
- 82 p.
Adviser: Chris Shannon.
Thesis (Ph.D.)--University of California, Berkeley, 2008.
This dissertation analyzes discrete models of menu choice. The primary conceptual innovation is that it formalizes the notion of reference-dependent choice within the menu choice framework. We axiomatically characterize a decision model that unifies the classes of preferences known, respectively, as preference for commitment and preference for flexibility. On a methodological level, the analysis in the paper is entirely discrete which is, by itself, a novelty. The seminal work by Kreps (1979) notwithstanding, almost all papers couch their analysis in the menu-choice analogue of the von-Neumann-Morgenstern (vNM) choice domain. By working in a discrete choice domain we are able to obtain a parsimonious model that avoids some of the start-up costs of the vNM models. Moreover, while utilities are not numerically identified we show that the salient characteristics of the utilities are ordinal invariants.
ISBN: 9780549839729Subjects--Topical Terms:
212740
Economics, Theory.
Discrete models of menu choice.
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Discrete models of menu choice.
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82 p.
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Adviser: Chris Shannon.
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Source: Dissertation Abstracts International, Volume: 69-09, Section: A, page: 3688.
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Thesis (Ph.D.)--University of California, Berkeley, 2008.
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This dissertation analyzes discrete models of menu choice. The primary conceptual innovation is that it formalizes the notion of reference-dependent choice within the menu choice framework. We axiomatically characterize a decision model that unifies the classes of preferences known, respectively, as preference for commitment and preference for flexibility. On a methodological level, the analysis in the paper is entirely discrete which is, by itself, a novelty. The seminal work by Kreps (1979) notwithstanding, almost all papers couch their analysis in the menu-choice analogue of the von-Neumann-Morgenstern (vNM) choice domain. By working in a discrete choice domain we are able to obtain a parsimonious model that avoids some of the start-up costs of the vNM models. Moreover, while utilities are not numerically identified we show that the salient characteristics of the utilities are ordinal invariants.
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School code: 0028.
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http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3331569
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