Paper #1822

Title:

Choice-based foundations of ordered logit

Authors:

Jose Apesteguia and Miguel A. Ballester

Date:

February 2022

Abstract:

We provide revealed preference foundations to ordered logit, for discrete and continuous decision problems. In both cases, the axiomatizations are based on a simple property that reflects the additivity of cumulative logits.

Keywords:

Ordered logit, cumulative logit, Revealed Preference

JEL codes:

C00, D00

Area of Research:

Microeconomics

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