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Sequential Approval
Abstract:
We study a theoretical model of behaviour that introduces as a primitive a dataset of “approvals” for objects appearing as a list. Approval situations are typical of online behaviour. Approval is distinct from choice as it does not guarantee a final choice (e.g. when filling a virtual shopping cart or selecting potential partners on a dating site) or it may not involve a final selection at all (as e.g. in social media interactions, when retweeting or reacting to a Facebook post). We study the identification, characterisation and comparative statics of the model, and we introduce the problem of “list design”, whereby a designer of lists can manipulate an agent’s choice to maximise some objective function (e.g. number of clicks).
Please sign up for meetings using the below:
docs.google.com/spreadsheets/d/1lyNu-tHHJ15Se57I0BMvTVqYV0-Yxx6WShyLXVviqlg/edit#gid=0
Date:
9 November 2018, 14:00
Venue:
Manor Road Building, Manor Road OX1 3UQ
Venue Details:
Seminar Room A
Speaker:
Paola Manzini (University of Sussex)
Organising department:
Department of Economics
Part of:
Nuffield Economic Theory Seminar
Booking required?:
Not required
Audience:
Members of the University only
Editors:
Erin Saunders,
Melis Clark