决策、误差与异质性

Decisions, Error and Heterogeneity

Economic Journal · 1997
被引 199
人大 AABS 4

中文导读

检验了六种关于选择概率的识别约束,发现聚合数据和个体数据各有一种约束成立,但异质性约束和参数化模型均不成立,为实证决策研究中的随机识别约束留出空间。

Abstract

Probabilistic choices or 'choice errors' may play an important supporting role in shaping observed risky choices, and a variety of restrictions on such choice probabilities play the role of identifying restrictions in empirical decision research. We test six restrictions in the context of common ratio effect data for a general class of theories of risky choice. Two restrictions, one for aggregate and one for individual data, are supported. But none of the heterogeneity restrictions that make the aggregate data model powerful survive scrutiny; nor do estimable parametric versions of the individual data model. There is room for new stochastic identifying restrictions in empirical decision research.

随机选择选择误差风险决策识别约束