2017 Fiscal Year Research-status Report
Behavioral and welfare implications of reference-dependent shortlisting behavior
| Project/Area Number |
16K17091
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| Research Institution | Tohoku University |
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Principal Investigator |
QIN DAN 東北大学, 経済学研究科, 准教授 (10756092)
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| Project Period (FY) |
2016-04-01 – 2019-03-31
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| Keywords | status-quo bias / multiple preference / shortlisting behavior |
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| Outline of Annual Research Achievements |
I have achieved characterizations multi-stage choice procedures. The findings pin down a family of choice behavior, which is behaviorally indistinguishable, making it the basis for experimental test and in turn for welfare analysis. The article reporting these findings is now under revision.
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| Current Status of Research Progress |
Current Status of Research Progress
2: Research has progressed on the whole more than it was originally planned.
Reason
The research is progressing rather smoothly. Fruitful discussions with domestic and overseas researchers significantly improved the results. Consequently, I have achieved a unified characterization result of a family of the two-stage reference-dependent choice procedure.
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| Strategy for Future Research Activity |
The article under R&R status summarizes the most important results of this project. What remains is to revise the article and to investigate the implications of current findings on the further analysis of non-standard choice procedures. In particular, the results can shed light on choice procedures with endogenously determined references.
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| Causes of Carryover |
A budget will be needed for presentations on international and domestic conferences/workshops. To promote the current research, expenses will include travel cost for conferences/workshops.
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