A random reference model (Record no. 525943)

000 -LEADER
fixed length control field 01598nam a22001577a 4500
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 240426b ||||| |||| 00| 0 eng d
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Kibris, O., Masatlioglu. Y. and Suleymanov, E.
245 ## - TITLE STATEMENT
Title A random reference model
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Place of publication, distribution, etc American Economic Journal: Microeconomics
300 ## - PHYSICAL DESCRIPTION
Extent 16(1), Feb, 2024: p.155-209
520 ## - SUMMARY, ETC.
Summary, etc This study introduces two nested models of random reference-dependent choice, where the reference point is determined by random processes. Despite the randomness in reference points, choices appear deterministic to decision-makers. The analysis includes a revealed preference framework to identify reference-dependent preferences and the random reference rule from observed choice data. Behavioral postulates are formulated to outline the empirical content of these models, ensuring their theoretical robustness. Furthermore, the study explores the application of these models to Bertrand competition with differentiated products, highlighting their practical relevance. These findings contribute to a deeper understanding of random reference-dependent behavior and its implications in both theoretical and applied contexts, such as market competition and consumer choice theory.- Reproduced

https://www.aeaweb.org/articles?id=10.1257/mic.20220089
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Random Reference-Dependent Choice, Deterministic Choices, Revealed Preference, Behavioral Postulates, Empirical Models, Bertrand Competition, Differentiated Products
9 (RLIN) 51893
773 ## - HOST ITEM ENTRY
Main entry heading American Economic Journal: Microeconomics
906 ## - LOCAL DATA ELEMENT F, LDF (RLIN)
Subject DIP DECISION MAKING
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Item type Articles
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Permanent location Current location Date acquired Serial Enumeration / chronology Barcode Date last seen Koha item type
          Indian Institute of Public Administration Indian Institute of Public Administration 2024-04-26 16(1), Feb, 2024: p.155-209 AR131736 2024-04-26 Articles

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