Showing 1 - 9 of 9
This paper considers discrete choice, with choice probabilities coming from maximization of preferences from a random utility field perturbed by additive location shifters (ARUM). Any ARUM can be characterized by a choice-probability generating function (CPGF) whose gradient gives the choice...
Persistent link: https://www.econbiz.de/10013108001
Persistent link: https://www.econbiz.de/10009528882
Persistent link: https://www.econbiz.de/10003403945
Persistent link: https://www.econbiz.de/10003744047
Persistent link: https://www.econbiz.de/10011781770
This paper considers discrete choice, with choice probabilities coming from maximization of preferences from a random utility field perturbed by additive location shifters (ARUM). Any ARUM can be characterized by a choice-probability generating function (CPGF) whose gradient gives the choice...
Persistent link: https://www.econbiz.de/10012460689
Persistent link: https://www.econbiz.de/10012319228
Persistent link: https://www.econbiz.de/10013367186
Nontransitive choices have long been an area of curiosity within economics. However, determining whether nontransitive choices represent an individual’s preference is a difficult task since choice data is inherently stochastic. This paper shows that behavior from nontransitive preferences...
Persistent link: https://www.econbiz.de/10014350717