Binary single-crossing random utility models

• 成果类型: Article
• 署名作者: Petri, Henrik
• 署名单位: University of Bath
• 刊物名称: GAMES AND ECONOMIC BEHAVIOR
• ISSN/ISSBN: 0899-8256
• DOI: 10.1016/j.geb.2022.12.011
• 发表日期: 2023
• 页码: 311-320
• 关键词: Stochastic choice; Binary choice menus; Single -crossing property; Single -peaked preferences; Single -dipped preferences; Stochastic transitivity

摘要

We characterize the single-crossing random utility model (SCRUM) (Apesteguia et al. (2017)) restricted to the (experimentally and empirically) important domain of binary choice menus. As corollaries we characterize some important subclasses of SCRUM (such as single-peaked and single-dipped random utility models) on this domain. In doing so, we address instances of the (still unsolved) binary random utility problem, which asks under what conditions there is a random utility model consistent with data from binary menus.(c) 2023 The Author(s). Published by Elsevier Inc. This is an open access article under the CC BY license (http://creativecommons .org /licenses /by /4 .0/).