Reason-based choice correspondences

Reason-based choice correspondences

A reason-based choice correspondence rationalizes choice behaviour in terms of a two-stage choice procedure. Given a feasible set S, the individual eliminates from it all of the dominated alternatives according to her …xed (not necessarily complete) strict preference relation, in the …rst step. In the second step, …rst she constructs for each maximal alternative identi…ed in the …rst step its l...

Reason-based choice.

This paper considers the role of reasons and arguments in the making of decisions. It is proposed that, when faced with the need to choose, decision makers often seek and construct reasons in order to resolve the conflict and justify their choice, to themselves and to others. Experiments that explore and manipulate the role of reasons are reviewed, and other decision studies are interpreted fro...

A reason-based theory of rational choice

There is a surprising disconnect between formal rational choice theory and philosophical work on reasons. The one is silent on the role of reasons in rational choices, the other rarely engages with the formal models of decision problems used by social scientists. To bridge this gap, we propose a new, reason-based theory of rational choice. At its core is an account of preference formation, acco...

Reason-Based Group Choice under Partial Consensus

Reason-based choice and context-dependence

We introduce a “reason-based” framework for explaining and predicting individual choices. The key idea is that a decision-maker focuses on some but not all properties of the options and chooses an option whose “motivationally salient” properties he/she most prefers. Reason-based explanations can capture two kinds of contextdependent choice: (i) the motivationally salient properties may vary acr...