Menu dependence

In decision theory, game theory, and rational choice, menu dependence arises when the evaluation of alternatives for choice or the mode of selection guiding choice varies parametrically^{[clarification needed]} with what collection of alternatives is available for choice (i.e., with what "menu" or decision problem a decision maker is facing). Menu dependence can be accompanied by violations of various so-called consistency (or coherence) constraints, such as Sen's condition α (also known as Chernoff's Axiom, a contraction condition) and Sen's conditions γ and β (expansion conditions). While the phenomenon can arise in a variety of ways, menu dependence is often informally associated with a change in a decision maker's preferences among alternatives with the addition of irrelevant alternatives.

See also

• Decoy effect
• Predictably Irrational, book by Dan Ariely

References

• Saini, Ritesh (2008). Menu dependence in risky choice (Thesis). OCLC 857236573. CiteSeer^x: a51c1c0b707a028be4337c348c95c52b548db0e3.

Further reading

• Sen, Amartya (1994). "The Formulation of Rational Choice". The American Economic Review 84 (2): 385–390. 
• Sen, Amartya (July 1997). "Maximization and the Act of Choice". Econometrica 65 (4): 745–779. doi:10.2307/2171939. 
• Sen, Amartya (2002). Rationality and Freedom. Harvard University Press. ISBN 978-0-674-01351-3. 
• Sniderman, Paul M.; Bullock, John (2018). "A Consistency Theory of Public Opinion and Political Choice: The Hypothesis of Menu Dependence". in Saris, Willem E.; Sniderman, Paul M.. Studies in Public Opinion: Attitudes, Nonattitudes, Measurement Error, and Change. Princeton University Press. pp. 337–358. doi:10.2307/j.ctv346px8.16. ISBN 978-0-691-18838-6. https://books.google.com/books?id=-K5cDwAAQBAJ&pg=PA337. 

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