Feb 25, 2021 · Abstract. I develop a simple axiomatic model that incorporates the order effect: the ordering of alternatives (e.g., ranking of universities, ...

Sep 5, 2019 · In our model, the probability of choosing an alternative is proportional to the utility of the alternative, similar to Luce's (1959) model.

Downloadable! I develop a simple axiomatic model that incorporates the order effect: the ordering of alternatives (e.g., ranking of universities, ...

Feb 25, 2021 · In this paper, I propose a simple modification of the Luce model, the order-dependent Luce model. (ODLM), in which choices are affected by an ...

I characterize this model by two weakenings of Luce's axiom of independence of irrelevant alternatives. I discuss how to identify the ordering of alternatives ...

5. The Order-Dependent Luce Model. Management Science, 2021 [PDF]. 6. On the Characterization of Linear Habit Formation. Economic Theory, 2020 [PDF]. 7 ...

We extend the Luce model of discrete choice theory to satisfactorily handle zero-probability choices. The Luce mode struggles to explain choices that are ...

Ambiguity under Growing Awareness (with Adam Dominiak). Journal of Economic Theory, 2022 [PDF][online appendix]. 5. The Order-Dependent Luce Model. Management ...

Jul 4, 2017 · We extend the Luce model of discrete choice theory to satisfactorily handle zero- probability choices. The Luce mode struggles to explain ...

The goal of of BTM is to estimate each p i for each i-th item, and then we can order these estimates in descending order which produces the ranking.