Single‐Crossing Random Utility Models

S-Tier
Journal: Econometrica
Year: 2017
Volume: 85
Pages: 661-674

Score contribution per author:

2.681 = (α=2.01 / 3 authors) × 4.0x S-tier

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

Abstract

We propose a novel model of stochastic choice: the single‐crossing random utility model (SCRUM). This is a random utility model in which the collection of preferences satisfies the single‐crossing property. We offer a characterization of SCRUMs based on two easy‐to‐check properties: the classic Monotonicity property and a novel condition, Centrality. The identified collection of preferences and associated probabilities is unique. We show that SCRUMs nest both single‐peaked and single‐dipped random utility models and establish a stochastic monotone comparative result for the case of SCRUMs.

Technical Details

RePEc Handle
repec:wly:emetrp:v:85:y:2017:i::p:661-674
Journal Field
General
Author Count
3
Added to Database
2026-01-24