Luce arbitrates: stochastic resolution of inner conflicts

DOI10.1016/J.GEB.2020.11.009MaRDI QIDQ1995470zbMATH OpenOpenAlexFDO

Authors Pedram Heydari

Publication date 23 February 2021

Published in Games and Economic Behavior (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.geb.2020.11.009

zbMATH Keywords

game theorystochastic choicereference dependencecontext dependenceattraction effectLuce rulecompromise effectconflicting motivesmulti-attribute decisions

Mathematics Subject Classification ID

Decision theory (91B06) Applications of game theory (91A80) Stochastic processes (60G99)

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Cites work

• scientific article; zbMATH DE number 3152611 (Why is no real title available?)
• scientific article; zbMATH DE number 3156726 (Why is no real title available?)
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• Lattice Theory: Foundation
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• Multinomial Logit Specification Tests
• On path independent stochastic choice
• Prospect Theory: An Analysis of Decision under Risk
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• Random choice as behavioral optimization
• Reason-based choice: A bargaining rationale for the attraction and compromise effects
• Specification Tests for the Multinomial Logit Model
• Stochastic choice and consideration sets
• Stochastic choice and revealed perturbed utility
• The effects of decoy gambles on individual choice
• Understanding the reference effect

Cited in

(3)

• A menu dependent Luce model with a numeraire
• Random utility models with status quo bias
• A characterization of the Luce choice rule for an arbitrary collection of menus

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