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Testing the Accuracy, Usefulness, and Significance of Probabilistic Choice Models: An Information-Theoretic Approach

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  • John R. Hauser

    (Northwestern University, Evanston, Illinois)

Abstract

Disaggregate demand models predict the choice behavior of individual consumers. But while such models predict choice probabilities (0 p

Suggested Citation

  • John R. Hauser, 1978. "Testing the Accuracy, Usefulness, and Significance of Probabilistic Choice Models: An Information-Theoretic Approach," Operations Research, INFORMS, vol. 26(3), pages 406-421, June.
    • Handle: RePEc:inm:oropre:v:26:y:1978:i:3:p:406-421
    DOI: 10.1287/opre.26.3.406
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