Testing for Rationality: The Case of Discrete Choice Data

Nunes,  Luis Catela; Cunha-e-Sá, Maria A.; Ducla-Soares, Maria Manuela

http://hdl.handle.net/10362/89011

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Autores

Nunes, Luis Catela

Cunha-e-Sá, Maria A.

Ducla-Soares, Maria Manuela

Resumo(s)

When working with micro data on consumer demand, there are many different situations where decisions involve only discrete choices. In this context, conditions under which an underlying rational preference structure exists are derived. Moreover, by introducing flexibility into the model, it is possible to identify non rational behavior in the sample.

Palavras-chave

Discrete choice data Conditional indirect utility function Rationality

URI

http://hdl.handle.net/10362/89011

Citação

Nunes, Luís Catela, Cunha-e-Sá, Maria A. and Ducla-Soares, Maria, Testing for Rationality: The Case of Discrete Choice Data (December, 1997). FEUNL Working Paper Series No. 314

Editora

Nova SBE

Coleções

NSBE - Working Paper Series

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