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Asymmetric dominance, deferral, and status quo bias in a behavioral model of choice

机译:选择的行为模型中的不对称优势,延期和现状偏差

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摘要

This paper proposes and axiomatically characterizes a model of choice that builds on the criterion of partial dominance and allows for two types of avoidant behavior: choice deferral and status quo bias. These phenomena are explained in a unified way that allows for a clear theoretical distinction between them to be made. The model also explains the strengthening of the attraction effect that has been observed when deferral is permissible. Unlike other models of status quo biased behavior, the one analyzed in this paper builds on a unique, reference-independent preference relation that is acyclic and generally incomplete. When this relation is complete, the model reduces to rational choice.
机译:本文提出了一个选择模型并对其进行了公理化的表征,该模型建立在部分支配地位的标准之上,并允许两种回避行为:选择推迟和现状偏差。这些现象以统一的方式进行了解释,从而可以在它们之间进行明确的理论区分。该模型还说明了允许延期时观察到的吸引力效应的增强。与其他具有状态偏差行为的模型不同,本文分析的模型建立在一种独特的,与参考无关的偏好关系上,该关系是非周期性的,并且通常是不完整的。当这种关系完成时,模型简化为理性选择。

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