Search Results - subject:"Random utility"

Random utility coordination games on networks

Peski, Marcin - In: Theoretical Economics 20 (2025) 2, pp. 583-622

We study static binary coordination games with random utility played on networks. In equilibrium, each agent chooses an … the low action otherwise. The random-utility (RU) dominant outcome x * is a maximizer of an integral of the distribution … of thresholds. The definition generalizes Harsanyi-Selten's risk dominance to coordination games with random utility. We …

Persistent link: https://www.econbiz.de/10015419646

The limits of identification in discrete choice

Chambers, Christopher P.; Turansick, Christopher - In: Games and economic behavior 150 (2025), pp. 537-551

Persistent link: https://www.econbiz.de/10015426449

Random preference model

Ghaderi, Mohammad; Jedidi, Kamel; Kadziński, Miłosz; … - 2025

Persistent link: https://www.econbiz.de/10015439052

Random preference model

Ghaderi, Mohammad; Jedidi, Kamel; Kadziński, Miłosz; … - 2025

Persistent link: https://www.econbiz.de/10015439384

Random utility coordination games on networks

Peski, Marcin - In: Theoretical economics : TE ; an open access journal in … 20 (2025) 2, pp. 583-622

We study static binary coordination games with random utility played on networks. In equilibrium, each agent chooses an … the low action otherwise. The random‐utility (RU) dominant outcome x * is a maximizer of an integral of the distribution … of thresholds. The definition generalizes Harsanyi-Selten's risk dominance to coordination games with random utility. We …

Persistent link: https://www.econbiz.de/10015415276

The interaction between personalized pricing and multi-item purchases : a random utility model approach

Lu, Qiuyu; Matsushima, Noriaki - In: Economics letters 247 (2025), pp. 1-4

Persistent link: https://www.econbiz.de/10015459788

Dynamics of household cooking fuel choices in Cameroon : a comprehensive analysis of the transition from biomass to LPG

Sapnken, Flavian Emmanuel; Nna Nna, Théodore Patrice; … - In: Energy strategy reviews 60 (2025), pp. 1-12

Additive Random Utility Model, the study explores the determinants of household fuel selection, focusing on income, education …

Persistent link: https://www.econbiz.de/10015464154

Should it stay, or swerve? Trading off lives in dilemma situations involving autonomous cars

Habla, Wolfgang; Kataria, Mitesh; Martinsson, Peter; … - In: Health Economics 33 (2024) 5, pp. 929-951

Using a representative survey with 1317 individuals and 12,815 moral decisions, we elicit Swedish citizens' preferences on how algorithms for self-driving cars should be programmed in cases of unavoidable harm to humans. Participants' choices in different dilemma situations (treatments) show...

Persistent link: https://www.econbiz.de/10014525006

Transactional demand for central bank digital currency

Nocciola, Luca; Zamora-Pérez, Alejandro - 2024

We shed light on the demand for a central bank digital currency (CBDC) as a means of payment, based on survey payment data. We provide a quantitative framework to assess transactional demand for CBDC at the point of sale, accommodating a wide range of design choices. We develop a structural...

Persistent link: https://www.econbiz.de/10014543681

Random discounted expected utility

Apesteguia, Jose; Ballester, Miguel A.; … - 2024

This paper introduces the random discounted expected utility (RDEU) model, which we have developed as a means to deal with heterogeneous risk and time preferences. The RDEU model provides an explicit linkage between preference and choice heterogeneity. We prove it has solid comparative statics,...

Persistent link: https://www.econbiz.de/10015051817