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modest magnitude and fails to translate into an effect on preference reversal rates in either experiment. We also use …
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The random utility model (RUM, McFadden and Richter (1990)) has been the standard tool to describe the behavior of a … heterogeneity. We apply this methodology in a novel stochastic choice data set that we collected in a large‐scale online experiment …
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We assess whether a cardinal model can be used to relate neural observables to stochastic choice behaviour. We develop a general empirical framework for relating any neural observable to choice prediction, and propose a means of bench-marking their predictive power. In a previous study,...
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