Seminarios académicos y conferencias
"The Luce Model with Replicas"
14 agosto 2018 - 17:00 hrs.
Sala 209, Facultad de Ciencias Económicas y Administrativas UC
Abstract: We propose the notion of replicas in the context of discrete choices and introduce axioms that support what we call the Luce model with replicas. This is a parsimonious generalization of the Luce’s model consistent with the well-known violation of the constant-ratio rule due to Debreu (1960).