Showing 1 - 1 of 1
This paper develops and implements a nonparametric test of Random Utility Models (RUM) using only nonsatiation and the Strong Axiom of Revealed Preference (SARP) as restrictions on individual level behaviour, allowing for fully unrestricted unobserved heterogeneity. The main application is the...
Persistent link: https://www.econbiz.de/10010827508