Nicht aus der Schweiz? Besuchen Sie lehmanns.de
Für diesen Artikel ist leider kein Bild verfügbar.

Stochastic Choice Theory

Buch | Softcover
225 Seiten
2025
Cambridge University Press (Verlag)
978-1-009-51278-7 (ISBN)
CHF 59,95 inkl. MwSt
  • Noch nicht erschienen (ca. Januar 2025)
  • Versandkostenfrei
  • Auch auf Rechnung
  • Artikel merken
Exposits a growing area of research at the intersection of decision theory, econometrics, and behavioral economics. Provides a unified treatment. Brings the reader to the research frontier. It is addressed primarily to Ph.D. and advanced Masters students.
Models of stochastic choice are studied in decision theory, discrete choice econometrics, behavioral economics and psychology. Numerous experiments show that perception of stimuli is not deterministic, but stochastic (randomly determined). A growing body of evidence indicates that the same is true of economic choices. Whether trials are separated by days or minutes, the fraction of choice reversals is substantial. Stochastic Choice Theory offers a systematic introduction to these models, unifying insights from various fields. It explores mathematical models of stochastic choice, which have a variety of applications in game theory, industrial organization, labor economics, marketing, and experimental economics. Offering a systematic introduction to the field, this book builds up from scratch without any prior knowledge requirements and surveys recent developments, bringing readers to the frontier of research.

Tomasz Strzalecki is Henry Lee Professor of Economics at Harvard University. He is a leading decision theorist contributing to the areas of stochastic choice, temporal preferences, and ambiguity aversion. He is a fellow of the Econometric Society and a recipient of the Sloan Fellowship.

Part I. Static Choice: 1. Random Utility; 2. Basic Properties; 3. More Models and Properties; Part II. Risk and Learning: 4. Risk; 5. Passive Learning; 6. Active Learning; Part III. Dynamic Choice: 7. Dynamic Choice; 8. Dynamic Optimality; 9. Response Times; Part IV. Discrete Choice: 10. Discrete Choice; 11. Random Consideration; 12. Dynamic Discrete Choice; Part V. Appendices: Appendix A. Additional Material and Proof Sketches; Appendix B. Bibliography; Appendix N. Notation.

Erscheint lt. Verlag 31.1.2025
Reihe/Serie Econometric Society Monographs
Zusatzinfo Worked examples or Exercises
Verlagsort Cambridge
Sprache englisch
Themenwelt Wirtschaft Volkswirtschaftslehre Mikroökonomie
Wirtschaft Volkswirtschaftslehre Ökonometrie
ISBN-10 1-009-51278-1 / 1009512781
ISBN-13 978-1-009-51278-7 / 9781009512787
Zustand Neuware
Haben Sie eine Frage zum Produkt?
Mehr entdecken
aus dem Bereich
die psychologischen Determinanten menschlicher Entscheidungen

von Peter Witt

Buch | Softcover (2024)
Kohlhammer (Verlag)
CHF 54,60