Narrow search
Showing 1 - 10 of 88
Cover Image
A simple characterization of majority rule
Kelly, Jerry S.; Campbell, Donald E. - In: Economic Theory 15 (2000) 3, pp. 689-700
Assuming an odd number of voters, E. S. Maskin recently provided a characterization of majority rule based on full transitivity. This paper characterizes majority rule with a set of axioms that includes two of Maskin's, dispenses with another, and contains weak versions of his other two axioms....
Persistent link: https://www.econbiz.de/10005370724
Cover Image
The Size and Power Properties of Combining Choice Set Participation Tests for the IIA Property in the Logit Model.
Brooks, Robert D.; Fry, Tim R.L.; Harris, Mark N. - Department of Econometrics and Business Statistics, … - 1995
the IIA property of the Logit model. On the basis of this comparison we recommend that applied researchers testing for IIA … calculate all versions of the McFadden, Train and Tye (1981) test and reject IIA if any single test rejects IIA. …
Persistent link: https://www.econbiz.de/10005149034
Cover Image
Combining Choice Set Partition Tests for the Independence of Irrelevant Alternatives Property: Size Properties in the Four Alternatives Setting.
Brooks, Robert D.; Fry, Tim R.L.; Harris, Mark N. - Department of Econometrics and Business Statistics, … - 1995
This paper conducts a Monte Carlo analysis of the size properties of combining choice set partition tests of the independence of irrelevant alternatives property in the Logit model in the four alternatives setting. Most of the tests have poor size properties. The exception is a version of the...
Persistent link: https://www.econbiz.de/10005149040
Cover Image
A Welfarist Critique of Social Choice Theory
Lehtinen, Aki - In: Journal of Theoretical Politics 23 (2011) 3, pp. 359-381
Arrow's Independence of Irrelevant Alternatives (IIA), and against utilitarian evaluation, fail due to strategic voting. The … it under sincere behaviour. IIA, the binary intensity IIA, and monotonicity are used as illustrations of this phenomenon. …
Persistent link: https://www.econbiz.de/10009294417
Cover Image
Taste Heterogeneity, IIA, and the Similarity Critique
Steenburgh, Thomas J.; Ainslie, Andrew - Harvard Business School, Harvard University - 2008
discrete-choice models. Although IIA may technically be broken in aggregate, the mixed logit model allows neither a given …
Persistent link: https://www.econbiz.de/10005754940
Cover Image
Investigating the competitive assumption of Multinomial Logit models of brand choice by nonparametric modeling
Abe, Makoto; Boztug, Yasemin; Hildebrandt, Lutz - In: Computational Statistics 19 (2004) 4, pp. 635-657
Persistent link: https://www.econbiz.de/10005613160
Cover Image
Testing for IIA in the Multinomial Logit Model
Cheng, Simon; Long, J. Scott - In: Sociological Methods & Research 35 (2007) 4, pp. 583-600
sciences. A concern raised by many researchers, however, is the assumption of the independence of irrelevant alternatives (IIA … three most commonly discussed tests of IIA. Results suggest that the size properties of the most common IIA tests depend on … well-specified models, IIA tests often reject the assumption when the alternatives seem distinct and often fail to reject …
Persistent link: https://www.econbiz.de/10010789385
Cover Image
—A Theoretical Investigation of the Effects of Similarity on Brand Choice Using the Elimination-by-Tree Model
Won, Eugene J. S. - In: Marketing Science 26 (2007) 6, pp. 868-875
IIA (independence of irrelevant alternatives) axiom states that the ratio of choice probabilities of any two brands …, dominance effect, and IIA condition. …
Persistent link: https://www.econbiz.de/10008787789
Cover Image
Elimination-By-Cutoffs
Manrai, Ajay K.; Sinha, Prabhakant - In: Marketing Science 8 (1989) 2, pp. 133-152
This paper presents Elimination-By-Cutoffs (EBC), an individual-level model of choice which derives choice probabilities from the location of choice alternatives in a perceptual space. EBC is a multidimensional operationalization of Tversky's (Tversky, A. 1972. Elimination by aspects: A theory...
Persistent link: https://www.econbiz.de/10008789725
Cover Image
Testing for Independence or Irrelevent Alternatives: Some Empirical Results.
Fry, T.R.L.; Harris, M.N. - Department of Econometrics and Business Statistics, … - 1994
Persistent link: https://www.econbiz.de/10005427638