Endogeneity arises in discrete choice models due to several factors and results in inconsistent estimates of the model parameters. In adaptive choice contexts such as choice-based recommender systems and adaptive stated ...

In this paper we extend the Multiple Indicator Solution (MIS) so that it can also be used to account for endogeneity when there are interactions between observed and unobserved factors in the specification of the utility ...

It is common practice to build Stated Preference (SP) attributes and alternatives from observed Revealed Preference (RP) choices with a view to increasing realism. While many surveys pivot all alternatives around an observed ...

Endogeneity is an often neglected issue in empirical applications of discrete choice modelling despite its severe consequences in terms of inconsistent parameter estimation and biased welfare measures. This article analyses ...

This paper employs an indirect approach to formally examine the evolutionary stability of interdependent preferences when players randomly engage in pairwise interactions. Following the model specification for altruism and ...

We include endogenous differential information in a model with sequential trade and incomplete financial participation. Agents update information through market signals given by commodity prices and asset deliveries. ...