Some Econometric Problems in the Measurement of Utility
指出在效用测量中，用于诱导风险偏好的彩票链会放大误差项，且构建效用指数估计效用函数会导致估计低效甚至偏误，并提出一种附加加性误差项且无需索引的计量模型作为更优方案。
Abstract Econometric problems in the measurement of utility are noted and solutions provided. When lotteries which are used to elicit risk preferences are chained or linked they compound error terms. If a utility index is constructed to estimate the utility function, the estimates will be inefficient and possibly biased. An econometric model that attaches an additive error term to the response of the decision maker and does not require indexing is shown to be a better alternative.