Boeri, Marco; Longo, Alberto; Grisolía, José M.; … - In: Journal of Health Economics 32 (2013) 1, pp. 253-260
This paper introduces the discrete choice model-paradigm of Random Regret Minimisation (RRM) to the field of health economics. The RRM is a regret-based model that explores a driver of choice different from the traditional utility-based Random Utility Maximisation (RUM). The RRM approach is...