How to extend a model of probabilistic choice from binary choices to choices among more than two alternatives

DOI10.1016/J.ECONLET.2009.09.008zbMATH Open1179.91073OpenAlexW3122596886MaRDI QIDQ1046313FDOQ1046313

Authors: Pavlo R. Blavatskyy 

Publication date: 21 December 2009

Published in: Economics Letters (Search for Journal in Brave)

Full work available at URL: http://www.econ.uzh.ch/static/wp_iew/iewwp426.pdf

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zbMATH Keywords

binary choiceprobabilistic choicemultiple alternatives

Mathematics Subject Classification ID

Decision theory (91B06) Utility theory (91B16)

Cites Work

• Title not available (Why is that?)
• Investigating Generalizations of Expected Utility Theory Using Experimental Data
• Context-Dependent Preferences
• Stochastic utility theorem
• The effects of decoy gambles on individual choice
• Title not available (Why is that?)

Cited In (7)

• Future plans and errors
• Probabilistic subjective expected utility
• Ignoring information in binary choice with continuous variables: When is less ``more?
• Fechner's strong utility model for choice among \(n > 2\) alternatives: risky lotteries, savage acts, and intertemporal payoffs
• Probabilistic choice and stochastic dominance
• General Luce model
• An adaptive approach for modelling multiattribute choice

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