Leonardi, G. (1982). The Structures of Random Utility Models in the Light of the Asymptotic Theory of Extremes. IIASA Working Paper. IIASA, Laxenburg, Austria: WP-82-091
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Abstract
The paper reconsiders random utility choice models in the light of asymptotic theory of extremes. The theory is introduced and its main general results are outlined. A stochastic extremal search process is then built, which is shown to produce the Logit model as an asymptotic result under very general conditions. Further applications of the new approach are discussed and outlined.
Item Type: | Monograph (IIASA Working Paper) |
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Research Programs: | General Research (GEN) |
Depositing User: | IIASA Import |
Date Deposited: | 15 Jan 2016 01:51 |
Last Modified: | 27 Aug 2021 17:10 |
URI: | https://pure.iiasa.ac.at/1925 |
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