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In a two-stage model of choice a decision maker first shortlists a given menu and then applies her preferences. We show that a sizeable class of these models run into significant issues in terms of identification of preferences…

理论经济学 · 经济学 2024-11-14 Mikhail Freer , Hassan Nosratabadi

Many real-life settings of consumer-choice involve social interactions, causing targeted policies to have spillover-effects. This paper develops novel empirical tools for analyzing demand and welfare-effects of policy-interventions in…

计量经济学 · 经济学 2024-05-09 Debopam Bhattacharya , Pascaline Dupas , Shin Kanaya

In consequential domains, it is often impossible to compel individuals to take treatment, so that optimal policy rules are merely suggestions in the presence of human non-adherence to treatment recommendations. We study personalized…

机器学习 · 计算机科学 2026-04-24 Angela Zhou

Recovering and distinguishing between the strict-preference, indifference and/or indecisiveness parts of a decision maker's preferences is a challenging task but also important for testing theory and conducting welfare analysis. This paper…

理论经济学 · 经济学 2025-09-15 Georgios Gerasimou

Strong empirical evidence from laboratory experiments, and more recently from population surveys, shows that individuals, when evaluating their situations, pay attention to whether they experience gains or losses, with losses weighing more…

理论经济学 · 经济学 2025-10-17 Martyna Kobus , Radosław Kurek , Thomas Parker

This paper studies identification and inference of the welfare gain that results from switching from one policy (such as the status quo policy) to another policy. The welfare gain is not point identified in general when data are obtained…

计量经济学 · 经济学 2022-07-12 Undral Byambadalai

We provide sufficient conditions for semi-nonparametric point identification of a mixture model of decision making under risk, when agents make choices in multiple lines of insurance coverage (contexts) by purchasing a bundle. As a first…

计量经济学 · 经济学 2023-07-19 Levon Barseghyan , Francesca Molinari

Despite many decades of research, economically grounded models that analyse energy consumption and energy-efficiency adoption within a unified framework remain underdeveloped. This article addresses this gap by proposing a model of…

综合经济学 · 经济学 2026-05-01 Anthony Britto , Carlos Oliveira , Max Kleinebrahm

Empirical research shows that individuals' responses to treatments vary along latent characteristics, such as innate ability or motivation. Therefore, a policymaker seeking to maximize welfare may consider designing policies based on…

计量经济学 · 经济学 2026-05-06 Giacomo Opocher

Motivated by applications such as viral marketing, the problem of influence maximization (IM) has been extensively studied in the literature. The goal is to select a small number of users to adopt an item such that it results in a large…

社会与信息网络 · 计算机科学 2019-06-03 Prithu Banerjee , Wei Chen , Laks V. S. Lakshmanan

We derive robust predictions in games involving flexible information acquisition, also known as rational inattention (Sims 2003). These predictions remain accurate regardless of the specific methods players employ to gather information.…

理论经济学 · 经济学 2023-06-19 Tommaso Denti , Doron Ravid

Attention-Aware Social Choice tackles the fundamental conflict faced by some agent communities between their desire to include all members in the decision making processes and the limited time and attention that are at the disposal of the…

计算机与社会 · 计算机科学 2023-09-25 Lior Ashkenazy , Nimrod Talmon

Compared with only pursuing recommendation accuracy, the explainability of a recommendation model has drawn more attention in recent years. Many graph-based recommendations resort to informative paths with the attention mechanism for the…

信息检索 · 计算机科学 2024-03-05 Yicong Li , Xiangguo Sun , Hongxu Chen , Sixiao Zhang , Yu Yang , Guandong Xu

Most social choice rules assume access to full rankings, while current alignment practice -- despite aiming for diversity -- typically treats voters as anonymous and comparisons as independent, effectively extracting only about one bit per…

计算机科学与博弈论 · 计算机科学 2026-03-23 Luise Ge , Daniel Halpern , Gregory Kehne , Yevgeniy Vorobeychik

This paper studies a decentralized many-to-one matching market where preferences remain uncertain during the matching process. Institutions initiate matching by sending offers, and applicants decide whether to accept upon receiving them.…

理论经济学 · 经济学 2025-11-14 Yu-Ting Ho

Many applied decision-making problems have a dynamic component: The policymaker needs not only to choose whom to treat, but also when to start which treatment. For example, a medical doctor may choose between postponing treatment (watchful…

统计方法学 · 统计学 2020-05-01 Xinkun Nie , Emma Brunskill , Stefan Wager

This paper develops theoretical criteria and econometric methods to rank policy interventions in terms of welfare when individuals are loss-averse. Our new criterion for "loss aversion-sensitive dominance" defines a weak partial ordering of…

计量经济学 · 经济学 2023-09-07 Sergio Firpo , Antonio F. Galvao , Martyna Kobus , Thomas Parker , Pedro Rosa-Dias

To choose between two discrete goods, a consumer pays attention to only those with prices below a threshold. From these, she chooses her most preferred good. We assume consumers in a population have the same preference but may have…

理论经济学 · 经济学 2025-11-07 Kaushil Patel

The economic approach to determine optimal legal policies involves maximizing a social welfare function. We propose an alternative: a consent-approach that seeks to promote consensual interactions and deter non-consensual interactions. The…

综合经济学 · 经济学 2023-04-27 Ratul Das Chaudhury , Birendra Rai , Liang Choon Wang , Dyuti Banerjee

I study altruistic choices through the lens of a cognitively noisy decision-maker. I introduce a theoretical framework that demonstrates how increased cognitive noise can directionally affect altruistic decisions and put its implications to…

综合经济学 · 经济学 2025-01-03 Niklas M. Witzig
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