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We study a psychologically based foundation for choice errors. The decision maker applies a preference ranking after … paradoxically express their preference through choice more truthfully than more rational agents. -- Discrete choice ; random utility …
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We study a psychologically based foundation for choice errors. The decision maker applies a preference ranking after … paradoxically express their preference through choice more truthfully than more rational agents …
Persistent link: https://www.econbiz.de/10014196149
We study a psychologically based foundation for choice errors. The decision maker applies a preference ranking after … paradoxically express their preference through choice more truthfully than more rational agents …
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"This thoroughly revised second edition Handbook provides an authoritative and in-depth overview of choice modelling, a … contributions from influential senior researchers, this erudite Handbook covers all the significant steps of choice modelling … estimation, and interpretation and use of results. New chapters examining topics including endogeneity in discrete choice models …
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satisficing” decision maker. In contrast to previous models (including recent models implementing alternative choice rules … alternative choice rules are still very new. We add to this growing body of literature by proposing a model based on the idea of a …), satisficing depends on the order in which alternatives are evaluated. We therefore conduct a visual conjoint experiment to collect …
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