ramchoice

MaRDI QIDQ53032swMATHCRANFDO

Authors Matias D. Cattaneo

Last update 22 January 2024

Copyright license GNU General Public License, version 2.0

Software version identifier 2.1, 0.1, 0.2, 1.0, 1.1, 2.0, 2.1, 2.2

Official website https://cran.r-project.org/web/packages/ramchoice/index.html

Source code repository https://github.com/cran/ramchoice

Description

It is widely documented in psychology, economics and other disciplines that socio-economic agent may not pay full attention to all available alternatives, rendering standard revealed preference theory invalid. This package implements the estimation and inference procedures of Cattaneo, Ma, Masatlioglu and Suleymanov (2020) <arXiv:1712.03448> and Cattaneo, Cheung, Ma, and Masatlioglu (2022) <arXiv:2110.10650>, which utilizes standard choice data to partially identify and estimate a decision maker's preference and attention. For inference, several simulation-based critical values are provided.

Cites work

• A Random Attention Model
• Attention Overload

Cited in

(9)

• Random consideration and choice: a case study of ``default options
• Luce rule with limited consideration
• Disentangling preferences and limited attention: random-utility models with consideration sets
• Frame-based stochastic choice rule
• Stochastic choice with limited memory
• A random attention and utility model
• Multiple-switching behavior in choice-list elicitation of risk preference
• Estimating multinomial choice models with unobserved choice sets
• Hazard rate, stochastic choice and consideration sets

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