Abstract
This paper provides axiomatic characterizations for a class of models where a decision maker (henceforth, DM) maximizes a single preference ranking subject to a shortlist that depends on the underlying choice set and social context. Thus, the primitive is a dataset of choices from every choice set – social context pair that is called the context. The DM is supposed to choose the most preferred option from the shortlist of each context. However, due to existence of conflicting norms (or norms uncertainty), he/she might choose no option in some contexts. Therefore, unlike existing justification models, choice deferral is possible in our framework.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.