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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
Persistent link: https://www.econbiz.de/10015071998