‘Divide-and-choose’ in list-based decision problems

Theory and Decision 81 (1):17-31 (2016)
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Abstract

When encountering a set of alternatives displayed in the form of a list, the decision maker usually determines a particular alternative, after which she stops checking the remaining ones, and chooses an alternative from those observed so far. We present a framework in which both decision problems are explicitly modeled, and axiomatically characterize a ‘divide-and-choose’ rule which unifies successive choice and satisficing choice.

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Register.[author unknown] - 1995 - Nietzsche Studien 24 (1):441-463.

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