The purpose of this note is to show that there is no necessary relationship between the independence of irrelevant alternatives (IIA) property and stochastic independence of the errors in probabilistic choice models
We model a boundedly rational agent who suffers from limited attention. The agent considers each fea...
A growing number of stochastic choice models include a “default” option for situations where the dec...
This paper develops a theory of probabilistic models for risky choices. Part of this theory can be v...
The purpose of this note is to show that there is no necessary relationship between the independence...
Abstract: This paper discusses the problem of specifying probabilistic models for choices (strategi...
Accepted author manuscript /Post-print (after peer review) This is the author’s version of a work t...
Abstract: This paper develops a theory for probabilistic models for risky choices that can be viewe...
As stochastic independence is essential to the mathematical development of probability theory, it se...
The concept of 'independence of irrelevant alternatives' (IIA) was originally developed at the indiv...
Luce’s Independence from Irrelevant Alternatives (IIA) choice axiom states that the ratio of choice ...
This paper discusses the problem of specifying probabilistic models for choices (strategies) with un...
We investigate stochastic choice when only the average and not the entire distribution of choices is...
This paper is concerned with the problem of defining the relation of probabilistic independence in a...
Independence of Irrelevant Alternatives has figured prominently in social choice and in decision-mak...
We model a boundedly rational agent who suffers from limited attention. The agent considers each fea...
A growing number of stochastic choice models include a “default” option for situations where the dec...
This paper develops a theory of probabilistic models for risky choices. Part of this theory can be v...
The purpose of this note is to show that there is no necessary relationship between the independence...
Abstract: This paper discusses the problem of specifying probabilistic models for choices (strategi...
Accepted author manuscript /Post-print (after peer review) This is the author’s version of a work t...
Abstract: This paper develops a theory for probabilistic models for risky choices that can be viewe...
As stochastic independence is essential to the mathematical development of probability theory, it se...
The concept of 'independence of irrelevant alternatives' (IIA) was originally developed at the indiv...
Luce’s Independence from Irrelevant Alternatives (IIA) choice axiom states that the ratio of choice ...
This paper discusses the problem of specifying probabilistic models for choices (strategies) with un...
We investigate stochastic choice when only the average and not the entire distribution of choices is...
This paper is concerned with the problem of defining the relation of probabilistic independence in a...
Independence of Irrelevant Alternatives has figured prominently in social choice and in decision-mak...
We model a boundedly rational agent who suffers from limited attention. The agent considers each fea...
A growing number of stochastic choice models include a “default” option for situations where the dec...
This paper develops a theory of probabilistic models for risky choices. Part of this theory can be v...