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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