Stochastic Choice Theory (Econometric Society M. Strzalecki, Strzalec PB**
Cambridge University Press
Stochastic Choice Theory\nby Tomasz Strzalecki\nPaperback\nEnglish\n\nDelivery\nUsually delivered in 2\u20133 working days (dispatched today if ordered before 3pm).\n\nBrand new copy from BookCurl \u2013 the UK independent online bookseller.\n\n------------------------------\nBook details\n------------------------------\nAuthor: Tomasz Strzalecki\nTitle: Stochastic Choice Theory\nFormat: Paperback\nLanguage: English\nPublisher: Cambridge University Press\nPublication year: 2024\nISBN-13: 9781009512787\nISBN-10: 1009512781\n\n------------------------------\nDescription\n------------------------------\nModels 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 cho.
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