Papers
Topics
Authors
Recent
Search
2000 character limit reached

A Model of Justification

Published 15 Mar 2020 in econ.TH | (2003.06844v1)

Abstract: I consider decision-making constrained by considerations of morality, rationality, or other virtues. The decision maker (DM) has a true preference over outcomes, but feels compelled to choose among outcomes that are top-ranked by some preference that he considers "justifiable." This model unites a broad class of empirical work on distributional preferences, charitable donations, prejudice/discrimination, and corruption/bribery. I provide a behavioral characterization of the model. I also show that the set of justifications can be identified from choice behavior when the true preference is known, and that choice behavior substantially restricts both the true preference and justifications when neither is known. I argue that the justifiability model represents an advancement over existing models of rationalization because the structure it places on possible "rationales" improves tractability, interpretation and identification.

Summary

Paper to Video (Beta)

Whiteboard

No one has generated a whiteboard explanation for this paper yet.

Open Problems

We haven't generated a list of open problems mentioned in this paper yet.

Continue Learning

We haven't generated follow-up questions for this paper yet.

Authors (1)

Collections

Sign up for free to add this paper to one or more collections.