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Axiomatizing psychological effects on the timing of decision making and its application

Research Project

Project/Area Number 24730168
Research Category

Grant-in-Aid for Young Scientists (B)

Allocation TypeMulti-year Fund
Research Field Economic theory
Research InstitutionIwate Prefectural University

Principal Investigator

KOIDA Nobuo  岩手県立大学, 総合政策学部, 准教授 (30363724)

Project Period (FY) 2012-04-01 – 2014-03-31
Project Status Completed (Fiscal Year 2013)
Budget Amount *help
¥1,300,000 (Direct Cost: ¥1,000,000、Indirect Cost: ¥300,000)
Fiscal Year 2013: ¥650,000 (Direct Cost: ¥500,000、Indirect Cost: ¥150,000)
Fiscal Year 2012: ¥650,000 (Direct Cost: ¥500,000、Indirect Cost: ¥150,000)
Keywords意思決定理論 / メニュー選好 / 意思決定時間 / 確率的選択 / 不完備選好 / 選択の先延ばし
Research Abstract

This research program primarily axiomatizes (i.e., provides behavioral characterization for) stochastic choice and delayed decision caused by conflict. First, the study "Anticipated Stochastic Choice" characterizes a wide range of stochastic choice models, including trembling hands and limited attention. Moreover, the obtained model enables us to conduct comparative statics of bounded rationality with respect to the size of mixed strategies available to the decision maker. Second, "A Multi-attribute Decision Time Theory" axiomatizes a preference representation that can explain delayed decision caused by conflict between alternatives (e.g., alternative A is better than B in one attribute while B is better than A in another attribute). This study also specifies the type of decision problems that prolongs the decision time.

Report

(3 results)
  • 2013 Annual Research Report   Final Research Report ( PDF )
  • 2012 Research-status Report
  • Research Products

    (8 results)

All 2013 2012 Other

All Journal Article (2 results) (of which Peer Reviewed: 1 results) Presentation (6 results) (of which Invited: 1 results)

  • [Journal Article] Nest-monotonic Two-stage Acts and Exponential Probability Capacities2012

    • Author(s)
      Nobuo Koida
    • Journal Title

      Economic Theory

      Volume: 50(1) Issue: 1 Pages: 99-124

    • DOI

      10.1007/s00199-010-0551-0

    • Related Report
      2013 Final Research Report
    • Peer Reviewed
  • [Journal Article] A Survey on Decision Time2012

    • Author(s)
      Nobuo Koida
    • Journal Title

      数理解析研究所講究録

      Volume: 1788 Pages: 28-40

    • Related Report
      2013 Final Research Report 2012 Research-status Report
  • [Presentation] A Multiattribute Decision Time Theory2013

    • Author(s)
      Nobuo Koida
    • Organizer
      Econometric Society European Meeting 2013
    • Place of Presentation
      Gothenburg
    • Related Report
      2013 Final Research Report
  • [Presentation] A Multiattribute Decision Time Theory2012

    • Author(s)
      小井田伸雄
    • Organizer
      SWET 2012
    • Place of Presentation
      釧路公立大学
    • Related Report
      2013 Final Research Report
  • [Presentation] A Multiattribute Decision Time Theory2012

    • Author(s)
      小井田伸雄
    • Organizer
      SWET2012
    • Place of Presentation
      釧路公立大学
    • Related Report
      2012 Research-status Report
  • [Presentation] A Multiattribute Decision Time Theory

    • Author(s)
      小井田伸雄
    • Organizer
      第18回DCコンファレンス
    • Place of Presentation
      関西大学
    • Related Report
      2013 Final Research Report 2012 Research-status Report
  • [Presentation] Anticipated Stochastic Choice

    • Author(s)
      小井田伸雄
    • Organizer
      ミクロ経済学ワークショップ
    • Place of Presentation
      東京大学
    • Related Report
      2013 Final Research Report
  • [Presentation] Anticipated Stochastic Choice

    • Author(s)
      Nobuo Koida
    • Organizer
      ミクロ経済学ワークショップ
    • Place of Presentation
      東京大学
    • Related Report
      2013 Annual Research Report
    • Invited

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Published: 2013-05-31   Modified: 2019-07-29  

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