26
Feb
14

Manipulation of Choice Behavior

See on Scoop.itBounded Rationality and Beyond

Downloadable! We introduce and study the problem of manipulation of choice behavior. In a class of two-stage models of decision making, with the agent’s choices determined by three “psychological variables,” we imagine that a subset of these variables can be selected by a “manipulator.” To what extent does this confer control of the agent’s behavior? Within the specified framework, which overlaps with two existing models of choice under cognitive constraints, we provide a complete answer to this question.

See on ideas.repec.org


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