5 papers
A measure of choice irrationality based on opposite judgements
Angelo Enrico Petralia
In many choice settings the decision maker (DM) adopts a criterion which is a mediation between her preference, and its opposite. According to such compromise, the first i alternat…
Harmful Random Utility Models
Angelo Enrico Petralia
In many choice problems the evaluation of alternatives is determined by a mediation between opposite judgments. In these situations the decision maker (DM) may not maximize her tru…
The Effects of Social Pressure on Fundamental Choices: Indecisiveness and Deferral
Alfio Giarlotta, M. Ali Khan, Angelo Enrico Petralia +1
In mainstream neoclassical economics, utility maximization is the only engine of individual action, and the other or the social, if it is modeled for decisions deemed fundamental,…
Separable joint choices
Davide Carpentiere, Alfio Giarlotta, Angelo Petralia +1
We introduce a novel choice dataset, called joint choice, in which options and menus are multidimensional. In this general setting, we define a notion of choice separability, which…
Limited attention and models of choice: A behavioral equivalence
Davide Carpentiere, Angelo Petralia
We show that many models of choice can be alternatively represented as special cases of choice with limited attention (Masatlioglu, Nakajima, and Ozbay, 2012), singling out the pro…