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The random utility model (RUM, McFadden and Richter, 1990) has been the standard tool to describe the behavior of a population of decision makers. RUM assumes that decision makers behave as if they maximize a rational preference over a choice set. Th
Externí odkaz:
http://arxiv.org/abs/1812.09619
Autor:
Aguiar, Victor H.1 (AUTHOR) vaguiar@uwo.ca, Boccardi, Maria Jose2 (AUTHOR) majoboccardi@gmail.com, Kashaev, Nail1 (AUTHOR) nkashaev@uwo.ca, Kim, Jeongbin3 (AUTHOR) jbkimecon@gmail.com
Publikováno v:
Quantitative Economics. Jan2023, Vol. 14 Issue 1, p71-116. 46p.
Publikováno v:
In Journal of Economic Theory November 2016 166:445-482