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An alternative explanation for the logit form probabilistic choice model from the equal likelihood hypothesis
Konno, Tomohiko
- In:
Economics letters
115
(
2012
)
3
,
pp. 519-522
Persistent link: https://www.econbiz.de/10009632887
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2
The Exact Solution of Spatial Logit Response Games
Konno, Tomohiko
-
2011
Logit response games with spatial structures are exactly solved. We exactly derive the probability that a player choose a strategy, the correlation function of strategies of distant players, and the expected utility
Persistent link: https://www.econbiz.de/10013130858
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3
An Alternative Explanation for the Logit Form Probabilistic Choice Model from the Equal Likelihood Hypothesis
Konno, Tomohiko
-
2012
The logit function is frequently used in the probabilistic choice problem. The justification is usually provided in a manner that actual utility consists of observed utility and Gumbel random term; the probability then becomes logit. In this paper, we present an alternative explanation of the...
Persistent link: https://www.econbiz.de/10013108533
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4
The exact solution of spatial logit response games
Konno, Tomohiko
;
Ioannides, Yannis M.
- In:
Mathematical social sciences
97
(
2019
),
pp. 1-10
Persistent link: https://www.econbiz.de/10012253434
Saved in:
5
The exact solution of spatial logit response games
Konno, Tomohiko
;
Ioannides, Yannis M.
-
2018
Persistent link: https://www.econbiz.de/10011999865
Saved in:
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