presentation of the choice set. This paper characterizes a model of choice with limited consideration with path independence, which …

presentation of the choice set. This paper characterizes a model of choice with limited consideration with path independence, which …

menu can be broken up into choosing from smaller submenus.While an important property, path independence is known to be … incompatible with continuous choice. The main result of our paper is that a natural modification of path independence, which we … call partial path independence, is not only compatible with continuity, but ends up characterizing the ubiquitous Luce (or …

menu can be broken up into choosing from smaller submenus. While an impor- tant property, path independence is known to be … call partial path independence , is not only compatible with continuity, but ends up characterizing the ubiquitous Luce (or …

{stochastic path independence condition} is violated between these alternatives. We show that a random choice function is list rational …

{stochastic path independence condition} is violated between these alternatives. We show that a random choice function is list rational …