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econ.TH2026
Robust Testing Of the Allais Paradox By Paired Choices vs. Paired Valuations
Federico Echenique, Gerelt Tserenjigmid
McGranaghan, Nielsen, O'Donoghue, Somerville, and Sprenger [2024] show that standard paired choice tests for the common ratio effect are structurally biased when choice is stochast…
econ.TH2024
Diversity in Choice as Majorization
Federico Echenique, Teddy Mekonnen, M. Bumin Yenmez
We propose a framework that uses majorization to model diversity and representativeness in school admissions. We generalize the standard notion of majorization to accommodate arbit…