G2TT
来源类型Discussion paper
规范类型论文
来源IDDP7434
DP7434 Relational Contracts and Competitive Screening
Giancarlo Spagnolo; Giacomo Calzolari
发表日期2009-08-23
出版年2009
语种英语
摘要This paper proposes a model of boundedly rational choice that explains the well known attraction and compromise effects. Choices in our model are interpreted as a cooperative solution to a bargaining problem among an individual?s conflicting dual selves. We axiomatically characterize a unique bargaining solution that captures both effects when the selves? preferences are known. We then provide a revealed preference foundation to our solution, and characterize the extent to which these two underlying preference relations can be uniquely identified.
主题Industrial Organization
关键词Attraction effect Bounded rationality Compromise effect Cooperative bargaining Fallback bargaining Reason-based-choice
URLhttps://cepr.org/publications/dp7434
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/536268
推荐引用方式
GB/T 7714
Giancarlo Spagnolo,Giacomo Calzolari. DP7434 Relational Contracts and Competitive Screening. 2009.
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