Single-crossing random utility models
We propose a novel model of stochastic choice: the single-crossing random utility model (SCRUM). This is a random utility model in which the collection of preferences satisfies the single-crossing property. We o↵er a characterization of SCRUMs based on two easy-to-check properties: the classic Monot...
Main Authors: | Ballester, M, Apesteguia, J, Lu, J |
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Format: | Journal article |
Published: |
Econometric Society
2017
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