Testing for rationality: the case of discrete choice data

被引:1
作者
Nunes, LC [1 ]
Cunha-E-Sa, M [1 ]
Ducla-Soares, M [1 ]
机构
[1] Univ Nova Lisboa, Fac Econ, P-1070 Lisbon, Portugal
关键词
discrete choice data; conditional indirect utility function; rationality;
D O I
10.1016/S0165-1765(98)00135-9
中图分类号
F [经济];
学科分类号
02 ;
摘要
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 nonrational behavior in the sample. (C) 1998 Elsevier Science S.A. All rights reserved.
引用
收藏
页码:255 / 261
页数:7
相关论文
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BRADEN J.B., 1991, MEASURING DEMAND ENV
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ECONOMETRICA, 1984, 52 (03) :541-561
[3]  
HANEMANN WM, 1982, 241 U CAL GIANJN FDN