Manipulation of Choice Behavior

15 Pages Posted: 29 Jul 2011

See all articles by Paola Manzini

Paola Manzini

University of St. Andrews - School of Economics and Finance; Institute for the Study of Labor (IZA)

Marco Mariotti

University of St. Andrews - School of Economics and Finance

Christopher J. Tyson

University of London - School of Economics and Finance

Multiple version iconThere are 2 versions of this paper

Date Written: July 2011

Abstract

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.

Keywords: attention, choice function, revealed preference, satis cing, threshold

JEL Classification: D01, D03, D70

Suggested Citation

Manzini, Paola and Mariotti, Marco and Tyson, Christopher J., Manipulation of Choice Behavior (July 2011). Available at SSRN: https://ssrn.com/abstract=1898592 or http://dx.doi.org/10.2139/ssrn.1898592

Paola Manzini (Contact Author)

University of St. Andrews - School of Economics and Finance ( email )

North St
Saint Andrews, Fife KY16 9AJ
United Kingdom

HOME PAGE: http://www.st-andrews.ac.uk/~pm210/

Institute for the Study of Labor (IZA)

P.O. Box 7240
Bonn, D-53072
Germany

Marco Mariotti

University of St. Andrews - School of Economics and Finance ( email )

North St
Saint Andrews, Fife KY16 9AJ
United Kingdom

Christopher J. Tyson

University of London - School of Economics and Finance ( email )

Mile End Road
London, E1 4NS
United Kingdom

Register to save articles to
your library

Register

Paper statistics

Downloads
40
Abstract Views
431
PlumX Metrics