Birchby, Jeff; Gigliotti, Gary; Sopher, Barry - Department of Economics, Rutgers University-New Brunswick - 2013
independent of duration, simple aggregation will nonetheless lead to the inference that the hazard function is state … motivate us to consider the question of possible aggregation bias in the realm of choice under uncertainty. In particular … not, similarly, an artifact of aggregation. Of course, no one believes that every individual’s behavior can be accounted …
