Revisiting consistency with random utility maximisation: theory and implications for practical work
type: Item
instance of: scholarly article
title: Revisiting consistency with random utility maximisation: theory and implications for practical work
zbMATH Open document ID: 1395.91180
author: Stephane Hess
author: Andrew Daly
author: Richard Batley
published in: Theory and Decision
publication date: 2018-04-16T00:00:00Z
Mathematics Subject Classification ID: 91B16
Mathematics Subject Classification ID: 91B06
zbMATH DE Number: 6860578
zbMATH Keywords: random utility maximisation
zbMATH Keywords: RUM properties
zbMATH Keywords: behavioural patterns
zbMATH Keywords: discrete choice
MaRDI profile type: Publication
Wikidata QID: Q59884845
full work available at URL: s11238-017-9651-7
OpenAlex ID: W2782280549
cites work: Q4872459
cites work: "Coherent Arbitrariness": Stable Demand Curves Without Stable Preferences
cites work: On the equivalence between elimination-by-aspects and generalised extreme value models of choice behaviour
cites work: Q3274477
cites work: On the compatibility of nested logit models with utility maximization
cites work: Compensating Variation and Hicksian Choice Probabilities in Random Utility Models that are Nonlinear in Income
cites work: Context-Dependent Preferences
cites work: Testing the consistency of nested logit models with utility maximization
cites work: Prospect Theory: An Analysis of Decision under Risk
cites work: Stochastic Choice and Consideration Sets
cites work: Q3732836
cites work: Applied Welfare Economics with Discrete Choice Models
cites work: Discrete Choice Methods with Simulation
cites work: Choice by elimination
cites work: The Framing of Decisions and the Psychology of Choice
DOI: 10.1007/S11238-017-9651-7
Recommended article: Dynamic consistency for non-expected utility preferences
Recommended article: MIXTURE OF CONSISTENT STOCHASTIC UTILITIES AND A PRIORI RANDOMNESS
Recommended article: On utility maximization with random interval payoffs
Recommended article: Dynamic consistency implies approximately expected utility preferences
Recommended article: More on random utility models with bounded ambiguity
Recommended article: A new axiomatization of rank-dependent expected utility with tradeoff consistency for equally likely outcomes
Recommended article: Robust utility maximizing strategies under model uncertainty and their convergence
Recommended article: Utility, probabilistic constraints, mean and variance of discounted rewards in Markov decision processes
Recommended article: Utility maximization in models with conditionally independent increments
Recommended article: Q5702482
description: scientific article; zbMATH DE number 6860578