A Satisficing Heuristic Decision-Making Model under Limited Attention and Incomplete Preferences
Classical choice theory assumes that a decision-maker considers all feasible alternatives. However, a decision-maker in the real world can not consider all alternatives because of limited attention. In this paper, we propose a satisficing choice model to describe the choice procedure based on the in...
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| Main Authors: | Xinlin Wu, Daoxin Ding |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Wiley
2021-01-01
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| Series: | Journal of Mathematics |
| Online Access: | http://dx.doi.org/10.1155/2021/8951335 |
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