Essays on Implications of Rational Inattention to Discrete Choices
In the first chapter we study fundamental links between two popular approaches to con sumer choice: the multinomial logit model of individual discrete choice and the CES utility function, which describes a multiple choice of a representative consumer. We base our analysis on the rational inattentio...
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Format: | Doctoral Thesis |
Language: | English |
Published: |
2019
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Online Access: | http://www.nusl.cz/ntk/nusl-403886 |