Discrete choice experiments--selecting the best and/or worst from a set of options--are increasingly used to provide more efficient and valid measurement of attitudes or preferences than conventional methods such as Likert scales. Discrete choice data have traditionally been analyzed with random utility models that have good measurement properties but provide limited insight into cognitive proc...

Random utility models are widely used to estimate preference parameters. In the case of intertemporal choice, two most common discounted logit and one we call Luce. Due their apparent similarity, choice use model or other seems irrelevant. this paper, argue that Luce is superior in significant aspects. First, relevant applications, monotone sense Apesteguia Ballester (2018), while not. Second, ...

Schelling (1978) suggested a simple binary choice model to explain the variation of corruption levels across societies. His basic idea was that expected profitability

We provide a simple necessary and suffi cient condition for when a multiproduct demand system can be generated from a discrete choice model with unit demands.

M supermarket firms choose to position themselves by offering either everyday low prices (EDLP) across several items or offering temporary price reductions (promotions) on a limited range of items. While this choice has been addressed from a theoretical perspective in both the marketing and economic literature, relatively little is known about how these decisions are made in practice, especiall...