Add to ORKGThis note presents an algorithm that extends a binary choice model to choice among multiple alternatives. Both neoclassical microeconomic theory and Luce choice model are consistent with the proposed algorithm. The algorithm is compatible with several empirical findings (asymmetric dominance and attraction effects) that cannot be explained within standard models.Probabilistic choice Binary choice Multiple alternatives
binary (e.g., probit model; we looked at with data augmentation) ordinal (ordinal logit or probit) m...
This paper presents an axiomatic model of probabilistic choice under risk. In this model, when it co...
A popular discrete choice model that incorporates correlation information is the multinomial probit ...
This paper presents a new model of probabilistic binary choice under risk. In this model, a decision...
This paper shows how to develop new multinomial processing tree (MPT) models for discrete choice, an...
This paper presents a new model of probabilistic binary choice under risk. In this model, a decision...
Traditional decision theory assumes that for every two alternatives, people always make the same (de...
This paper develops the first model of probabilistic choice under subjective uncertainty (when proba...
A standard assumption of the classical multinomial logit model is that an individual who has to choo...
The 2N-ary choice tree model accounts for response times and choice probabilities in multi-alternati...
Experimental evidence suggests that choice behaviour has a stochastic element. Much of this evidence...
Abstract: This paper discusses the problem of specifying probabilistic models for choices (strategie...
Given the difficulties people experience in making trade-offs, what are the consequences of using si...
As Duncan Luce and other prominent scholars have pointed out on several occasions, testing algebraic...
Contains fulltext : 19057.pdf (publisher's version ) (Open Access)This PhD thesis ...
binary (e.g., probit model; we looked at with data augmentation) ordinal (ordinal logit or probit) m...
This paper presents an axiomatic model of probabilistic choice under risk. In this model, when it co...
A popular discrete choice model that incorporates correlation information is the multinomial probit ...
This paper presents a new model of probabilistic binary choice under risk. In this model, a decision...
This paper shows how to develop new multinomial processing tree (MPT) models for discrete choice, an...
This paper presents a new model of probabilistic binary choice under risk. In this model, a decision...
Traditional decision theory assumes that for every two alternatives, people always make the same (de...
This paper develops the first model of probabilistic choice under subjective uncertainty (when proba...
A standard assumption of the classical multinomial logit model is that an individual who has to choo...
The 2N-ary choice tree model accounts for response times and choice probabilities in multi-alternati...
Experimental evidence suggests that choice behaviour has a stochastic element. Much of this evidence...
Abstract: This paper discusses the problem of specifying probabilistic models for choices (strategie...
Given the difficulties people experience in making trade-offs, what are the consequences of using si...
As Duncan Luce and other prominent scholars have pointed out on several occasions, testing algebraic...
Contains fulltext : 19057.pdf (publisher's version ) (Open Access)This PhD thesis ...
binary (e.g., probit model; we looked at with data augmentation) ordinal (ordinal logit or probit) m...
This paper presents an axiomatic model of probabilistic choice under risk. In this model, when it co...
A popular discrete choice model that incorporates correlation information is the multinomial probit ...