An Analysis of Conjunctive Choice: Theory and Experiments

Abstract
This paper develops a theoretical framework in which the conjunctive choice rule can be analyzed and reports on a set of laboratory experiments designed to test that theory. Initially the conjunctive choice rule is formulated as a constrained optimization problem. The solution to this problem is then used to identify simpler versions of the rule that require less computational sophistication. In experiments designed to test this theory, all subject pools conformed to a particular simplified conjunctive rule.