On Ordinal Utility, Cardinal Utility and Random Utility
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References listed on IDEAS
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- Batley, Richard & Ibáñez, J. Nicolás, 2012. "Randomness in preference orderings, outcomes and attribute tastes: An application to journey time risk," Journal of choice modelling, Elsevier, vol. 5(3), pages 157-175.
- Batley, Richard & Hess, Stephane, 2016. "Testing for regularity and stochastic transitivity using the structural parameter of nested logit," Transportation Research Part B: Methodological, Elsevier, vol. 93(PA), pages 355-376.
More about this item
KeywordsOrdinal utility; Cardinal utility; Random Utility Model; Log sum; Rule-of-a-half; B41 Economic Methodology; D01 Microeconomic Behaviour; Underlying Principles;
- B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
- D01 - Microeconomics - - General - - - Microeconomic Behavior: Underlying Principles
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