Showing 1 - 2 of 2
Persistent link: https://www.econbiz.de/10014552973
We investigate deterministic stochastic choice in the standard consumer framework. We present a model of statistical consumer theory where the individual maximizes their utility with respect to a distribution of bundles that is constrained by a statistic of the distribution (e.g. mean...
Persistent link: https://www.econbiz.de/10012847187