Mixture Choice Data: Revealing Preferences and Cognition

S-Tier
Journal: Journal of Political Economy
Year: 2023
Volume: 131
Issue: 3
Pages: 687 - 715

Score contribution per author:

1.609 = (α=2.01 / 5 authors) × 4.0x S-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Mixture choice data consist of the joint distribution of choices of a group of agents from a collection of menus, comprising the implied stochastic choice function plus any cross-menu correlations. When agents are heterogeneous with respect to both preferences and other aspects of cognition, we show that these two determinants of behavior are identified simultaneously by suitable mixture choice data. We also demonstrate how this finding can be extended to allow for specialized assumptions about cognition, focusing on models of random satisficing thresholds and “quantal Fechnerian” choice.

Technical Details

RePEc Handle
repec:ucp:jpolec:doi:10.1086/721734
Journal Field
General
Author Count
5
Added to Database
2026-01-25