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Choice-based foundations of ordered logit

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Abstract

We provide revealed preference foundations to ordered logit, for discrete and continuous decision problems. In both cases, the axiomatizations are based on a simple property that reflects the additivity of cumulative logits.

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  • Jose Apesteguia & Miguel A. Ballester, 2022. "Choice-based foundations of ordered logit," Economics Working Papers 1822, Department of Economics and Business, Universitat Pompeu Fabra.
    • Handle: RePEc:upf:upfgen:1822
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    More about this item

    Keywords

    Ordered logit; cumulative logit; Revealed Preference;
    All these keywords.

    JEL classification:

    • C00 - Mathematical and Quantitative Methods - - General - - - General
    • D00 - Microeconomics - - General - - - General

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