this theorem to explain the well-known problems of utility and decision theories, such as risk aversion, the underweighting …

The logsum formula, which provides the expected maximum utility for the multinomial logit model, is often used as a …

niveau d'offre. Des tests de fiabilité et la mise en application comparative d'un modèle Logit spécifique au TER et de cette …

information availability on the choice process, on the distance the individual covers, and on the individual's expected utility …. In this framework, more information yields longer distance traveled, but also higher utility. We compute the individual …

and calibrate a new model that takes inter-age correlations into account. The so-called stochastic logit's Deltas model is …

utility models. We first derive expressions for the transition choice probabilities associated to these changes. A closed …-form formula is obtained for the logit. We then use these expressions to compute the cumulative distribution functions of the … logit, we compute the conditional distribution of compensating variation, which generalizes the logsum formula. Finally, we …

identities are then applied to random utility models, including the multinomial logit model, the mixed logit model and the …