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Chapter 3 - More Models and Properties

from Part I - Static Choice

Published online by Cambridge University Press:  14 January 2025

Tomasz Strzalecki
Tomasz Strzalecki
Affiliation:
Harvard University, Massachusetts
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Summary

I discuss a number of models widely used in the literature, including logit, mixed logit, Fechnerian utility, and perturbed utility. Axiomatic underpinnings of every model are discussed.

Keywords

Lucelogitprobitmixed logitnested logitFechnerian modelsstochastic transitivityperturbed utility
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Chapter
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Stochastic Choice Theory , pp. 29 - 44
Publisher: Cambridge University Press
Print publication year: 2025

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