Nonparametric Counterfactuals in Random Utility Models

• Tác giả: Yuichi Kitamura, Jörg Stoye
• Ngôn ngữ: eng
• Ký hiệu phân loại: 511.34 Model theory
• Thông tin xuất bản: 2019
• Bộ sưu tập: Metadata
• ID: 162640

Tóm tắt

We bound features of counterfactual choices in the nonparametric random utility model of demand, i.e. if observable choices are repeated cross-sections and one allows for unrestricted, unobserved heterogeneity. In this setting, tight bounds are developed on counterfactual discrete choice probabilities and on the expectation and c.d.f. of (functionals of) counterfactual stochastic demand.