Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5072264 | Games and Economic Behavior | 2013 | 10 Pages |
Abstract
⺠We provide a clean and sharp taxonomy of three recent and influential models of nonstandard choice behavior. ⺠The status quo bias theory of Masatlioglu and Ok (2005, 2010). ⺠The notion of rationalizability by game trees due to Xu and Zhou (2007). ⺠Manzini and Mariottiʼs (2007) sequential rationalizability model. ⺠We think our results are crucial for a good understanding of the literature, and for its proper development in the future.
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Authors
Jose Apesteguia, Miguel A. Ballester,