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can explain why, considering two lotteries with close utility factors, a decision maker prefers one of them when choosing … of quantum decision theory. When people choose between lotteries with non-negative payoffs, they prefer a more certain …
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This paper studies the Random Utility Model (RUM) in a repeated stochastic choice situation, in which the decision … an online decision problem, we develop a gradient-based learning algorithm and establish that a large class of RUMs are …
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"This thoroughly revised second edition Handbook provides an authoritative and in-depth overview of choice modelling, a key technique used across disciplines as diverse as transport, marketing, health and environmental economics. Composed of contributions from influential senior researchers,...
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