Zobrazeno 1 - 10
of 56
pro vyhledávání: '"Kashaev, Nail"'
We investigate joint probabilistic choice rules describing the behavior of two decision makers, each facing potentially distinct menus. These rules are separable when they can be decomposed into individual choices correlated solely through their resp
Externí odkaz:
http://arxiv.org/abs/2403.09045
We develop a general model of discrete choice that incorporates peer effects in preferences and consideration sets. We characterize the equilibrium behavior and establish conditions under which all parts of the model can be recovered from a sequence
Externí odkaz:
http://arxiv.org/abs/2310.12272
The (static) utility maximization model of Afriat (1967), which is the standard in analysing choice behavior, is under scrutiny. We propose the Dynamic Random Utility Model (DRUM) that is more flexible than the framework of Afriat (1967) and more inf
Externí odkaz:
http://arxiv.org/abs/2302.04417
Autor:
Kashaev, Nail, Aguiar, Victor H.
We study a dynamic generalization of stochastic rationality in consumer behavior, the Dynamic Random Utility Model (DRUM). Under DRUM, a consumer draws a utility function from a stochastic utility process and maximizes this utility subject to her bud
Externí odkaz:
http://arxiv.org/abs/2204.07220
Autor:
Kashaev, Nail, Aguiar, Victor
We present a novel characterization of random rank-dependent expected utility for finite datasets and finite prizes. The test lends itself to statistical testing using the tools in Kitamura and Stoye (2018).
Externí odkaz:
http://arxiv.org/abs/2112.13649
Autor:
Kashaev, Nail, Aguiar, Victor H.
We generalize the stochastic revealed preference methodology of McFadden and Richter (1990) for finite choice sets to settings with limited consideration. Our approach is nonparametric and requires partial choice set variation. We impose a monotonici
Externí odkaz:
http://arxiv.org/abs/2105.11268
Publikováno v:
In Journal of Econometrics August 2023 235(2):666-693
Autor:
Kashaev, Nail, Salcedo, Bruno
The empirical analysis of discrete complete-information games has relied on behavioral restrictions in the form of solution concepts, such as Nash equilibrium. Choosing the right solution concept is crucial not just for identification of payoff param
Externí odkaz:
http://arxiv.org/abs/1909.09320
Autor:
Aguiar, Victor H., Kashaev, Nail
We propose a framework for nonparametric identification and estimation of discrete choice models with unobserved choice sets. We recover the joint distribution of choice sets and preferences from a panel dataset on choices. We assume that either the
Externí odkaz:
http://arxiv.org/abs/1907.04853
Autor:
Kashaev, Nail, Lazzati, Natalia
We develop a dynamic model of discrete choice that incorporates peer effects into random consideration sets. We characterize the equilibrium behavior and study the empirical content of the model. In our setup, changes in the choices of friends affect
Externí odkaz:
http://arxiv.org/abs/1904.06742