INCORPORATING OBSERVED CHOICE IN THE CONSTRUCTION OF WELFARE MEASURES FROM RANDOM UTILITY MODELS

This paper proposes an approach to welfare measurement with random utility models that, in contrast to traditional approaches, incorporates the implications of an individual's observed choice.


Issue Date:
2000
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/21836
Total Pages:
25
Series Statement:
Selected Paper




 Record created 2017-04-01, last modified 2017-04-26

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