McCarthy, Ian; Tchernis, Rusty - Center for Applied Economics and Policy Research … - 2008
information.
JEL Classi cation: C11; C21; D21; D43; M31
Keywords: Search; Medicare Health Plan; Discrete Choice Models; Bayesian … choices.
While both papers are important steps in developing more realistic choice models when
decisions are complicated, the … inherent in the standard discrete choice models has come
under question. Some attempts to address these problems include Frank …