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http://eprints.org/relation/isVersionOf https://pure.iiasa.ac.at/id/document/2211 http://eprints.org/relation/isVolatileVersionOf https://pure.iiasa.ac.at/id/document/2211 http://eprints.org/relation/isCoversheetVersionOf https://pure.iiasa.ac.at/id/document/2211 archive 351 disk0/00/00/22/04 2016-01-15 01:53:01 2021-08-27 17:11:19 2016-01-15 01:53:01 monograph show 2 Leonardi G. AL0927 pub iis_met iis_mod iis_reg prog_rud The paper explores the properties of some simple search and choice behaviors, by exploiting the asymptotic properties of maxima of sequences of random variables. Heterogeneity in the preference is introduced by means of additive random utilities, and the actor is assumed to choose points in a plane region, by sampling them according to a stochastic process. It is shown that asymptotic convergence to a Logit model holds under considerably weaker assumptions than those commonly found in the literature to justify it. This asymptotic property is treated in details for utility-maximizing behavior, and outlined for satisficing behavior. The asymptotic equivalence of the two behaviors suggests that progress in widening the family of asymptotically Logit-equivalence behaviors can be made with further research. 1983-10 published WP-83-108 WP-83-108 2112 public working_paper IIASA, Laxenburg, Austria 30 FALSE info:eu-repo/semantics/book