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Paper #1850

Títol:
A measure of behavioral heterogeneity
Autors:
Jose Apesteguia i Miguel Ángel Ballester
Data:
Novembre 2022
Resum:
In this paper we propose a novel way to measure behavioral heterogeneity in a population of stochastic individuals. Our measure is choice-based; it evaluates the probability that, over a sampled menu, the sampled choices of two sampled individuals differ. We provide axiomatic foundations for this measure, and a decomposition result that separates heterogeneity into its intra- and inter-personal components.
Paraules clau:
heterogeneity, intra-personal, inter-personal, axiomatic foundations
Codis JEL:
D01
Àrea de Recerca:
Microeconomia

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