Ordered choice probabilities in random utility models - Archive ouverte HAL Accéder directement au contenu
Pré-Publication, Document De Travail Année : 2015

Ordered choice probabilities in random utility models

Résumé

We prove a general identity which states that any element of a tuple (ordered set) can be obtained as an alternating binomial weighted sum of rst elements of some sub-tuples. The identity is then applied within the random utility models framework where any alternative's ordered choice probability (the probability that it has a given rank) is expressed with respect to standard best choice probabilities. The logit and the logsum formulas are extended to their ordered choice counterparts. In a symmetric case, we compare for the probit and the logit, the surplus loss due to the withdrawal of a product with the damage due to the loss of a rank.
Fichier principal
Vignette du fichier
cahier 2015-04.pdf (501.55 Ko) Télécharger le fichier
Origine : Fichiers produits par l'(les) auteur(s)
Loading...

Dates et versions

hal-01130603 , version 1 (12-03-2015)

Identifiants

  • HAL Id : hal-01130603 , version 1

Citer

André de Palma, Karim Kilani. Ordered choice probabilities in random utility models. 2015. ⟨hal-01130603⟩
269 Consultations
864 Téléchargements

Partager

Gmail Facebook X LinkedIn More