Showing 1 - 3 of 3
Persistent link: https://www.econbiz.de/10012097960
We study preferences estimated from finite choice experiments and provide sufficient conditions for convergence to a unique underlying “true” preference. Our conditions are weak and, therefore, valid in a wide range of economic environments. We develop applications to expected utility...
Persistent link: https://www.econbiz.de/10012637173
We study the degree of falsifiability of theories of choice. A theory is easy to falsify if relatively small data sets are enough to guarantee that the theory can be falsified: the Vapnik–Chervonenkis (VC) dimension of a theory is the largest sample size for which the theory is “never...
Persistent link: https://www.econbiz.de/10012637412