1 citations · 1 across the 11 of their papers we have counts for
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The Attention Cost of Stable Matching
Victor H. Aguiar, Dian Hong
In large markets, scarce attention limits partner evaluation and creates allocation loss, which stability magnifies. In an independent random market with average executable degree…
Dynamic and Stochastic Rational Behavior
Nail Kashaev, Victor H. Aguiar, Martin Plávala +1
The (static) utility maximization model of Afriat (1967), which is the standard in analysing choice behavior, is under scrutiny. We propose the Dynamic Random Utility Model (DRUM)…
Nonparametric Analysis of Dynamic Random Utility Models
Nail Kashaev, Victor H. Aguiar
We study a dynamic generalization of stochastic rationality in consumer behavior, the Dynamic Random Utility Model (DRUM). Under DRUM, a consumer draws a utility function from a st…
Random Rank-Dependent Expected Utility
Nail Kashaev, Victor Aguiar
We present a novel characterization of random rank-dependent expected utility for finite datasets and finite prizes. The test lends itself to statistical testing using the tools in…
A Random Attention and Utility Model
Nail Kashaev, Victor H. Aguiar
We generalize the stochastic revealed preference methodology of McFadden and Richter (1990) for finite choice sets to settings with limited consideration. Our approach is nonparame…
A Rationalization of the Weak Axiom of Revealed Preference
Victor H. Aguiar, Per Hjertstrand, Roberto Serrano +1
Given a finite collection of choices over budgets, rational consumer behavior is identified with the generalized axiom of revealed preference (GARP). As an alternative, the weak ge…