Induced families of choice probabilities

Autor: Gerhard Herden, Andreas Pallack
Rok vydání: 2005
Předmět:
Zdroj: Journal of Mathematical Economics. 41:957-973
ISSN: 0304-4068
DOI: 10.1016/j.jmateco.2004.12.006
Popis: Let { P S } S ∈ S be a family of choice probabilities that are caused by compatible latent factors. Then, there should exist an underlying common probability measure that in some degree induces each choice probability P S . The problem of the existence of P will be considered with respect to a general concept of induced probability. In addition, the relevance of this concept for Mathematical Economics and the Social Sciences will be discussed.
Databáze: OpenAIRE