A random attention and utility model

نویسندگان

چکیده

We generalize the stochastic revealed preference methodology of McFadden and Richter (1990) for finite choice sets to settings with limited consideration. Our approach is nonparametric requires partial set variation. impose a monotonicity condition on attention first proposed by Cattaneo et al. (2020) stability marginal distribution preferences. framework amenable statistical testing. These new restrictions extend widely known parametric models consideration heterogeneous

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ژورنال

عنوان ژورنال: Journal of Economic Theory

سال: 2022

ISSN: ['1095-7235', '0022-0531']

DOI: https://doi.org/10.1016/j.jet.2022.105487