TY - JOUR
T1 - Testing for rationality
T2 - the case of discrete choice data
AU - Nunes, Luís Catela
AU - Cunha-e-Sá, Maria A.
AU - Ducla-Soares, Maria
PY - 1998/9/1
Y1 - 1998/9/1
N2 - When working with micro data on consumer demand, there are many different situations where decisions involve only discrete choices. In this context, conditions under which an underlying rational preference structure exists are derived. Moreover, by introducing flexibility into the model, it is possible to identify nonrational behavior in the sample.
AB - When working with micro data on consumer demand, there are many different situations where decisions involve only discrete choices. In this context, conditions under which an underlying rational preference structure exists are derived. Moreover, by introducing flexibility into the model, it is possible to identify nonrational behavior in the sample.
KW - 022
KW - 721
KW - Conditional indirect utility function
KW - Discrete choice data
KW - Rationality
UR - http://www.scopus.com/inward/record.url?scp=0032358790&partnerID=8YFLogxK
U2 - 10.1016/S0165-1765(98)00135-9
DO - 10.1016/S0165-1765(98)00135-9
M3 - Article
AN - SCOPUS:0032358790
SN - 0165-1765
VL - 60
SP - 255
EP - 261
JO - Economics Letters
JF - Economics Letters
IS - 3
ER -