A TESTABLE THEORY OF IMPERFECT PERCEPTION

被引：34
|
作者：
Caplin, Andrew
Martin, Daniel [1 ]
机构：
[1] Paris Sch Econ, F-75014 Paris, France
来源：
ECONOMIC JOURNAL | 2015年 / 125卷 / 582期
关键词：
CHOICE; SEARCH;
D O I：
10.1111/ecoj.12130
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
We provide a characterisation of choice behaviour generated by a Bayesian expected utility maximiser. The observable signature of this standard model is the impossibility of raising utility by switching wholesale from one action to another. We provide applications to robustness, to the recovery of utility from choice data and to model classification.
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页码：184 / 202
页数：19
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