抄録
We present an alternative explanation of the logit probabilistic choice from the equal likelihood hypothesis without the Gumbel distribution. The hypothesis is that if the total utility values from combinations of actions are the same, all such combinations of actions are equally likely.
本文言語 | English |
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ページ(範囲) | 519-522 |
ページ数 | 4 |
ジャーナル | Economics Letters |
巻 | 115 |
号 | 3 |
DOI | |
出版ステータス | Published - 2012 6月 |
外部発表 | はい |
ASJC Scopus subject areas
- 経済学、計量経済学
- 財務