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- W2249878821 abstract "In this chapter we continue the discussion of individual choice behaviour in situations where one option out of a finite number of alternatives has to be chosen. The examples of discrete choices mentioned in the preceding chapters concern cases in which the realization of the chosen alternative takes place with certainty. In practice, however, there are many cases in which this is irrealistic. For instance a household may want to rent a dwelling of a specific (existing) type whereas it is unable to find one within a given time interval. Or an employee may apply for a certain job, while being uncertain whether it will actually be offered to him. In general, existing discrete choice models are unable to deal with these situations of uncertainty and therefore it would be desirable to have an alternative, more tailor-made model.In section 3.2 such a more general model will be developed on the basis of three plausible conditions. Since the model is not derived on the basis of explicit utility maximization one would like to know whether it is consistent with such behaviour. This will be examined in setion 3.3." @default.
- W2249878821 created "2016-06-24" @default.
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- W2249878821 date "1989-01-01" @default.
- W2249878821 modified "2023-09-23" @default.
- W2249878821 title "Uncertainty and the Consistency of Discrete Choice Models" @default.
- W2249878821 doi "https://doi.org/10.1007/978-94-009-2468-0_3" @default.
- W2249878821 hasPublicationYear "1989" @default.
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