We develop and characterize new representations for the maxdiff model (Marley & Louviere,
2005) for best–worst choice between multiattribute options; in particular, we state conditions …

We study various axioms of discrete probabilistic choice, measuring how restrictive they are,
both alone and in the presence of other axioms, given a specific class of prior distributions …

In this paper, we study the impact of customer stochasticity on firm price discrimination
strategies. We develop a new model termed the Bayesian Mixture Scale Heterogeneity …

According to the behavioral decision theory, time discounting is often used to explain
preference reversals. However, the discounting theory fails to explain some types of …

Abe and Kaneko present an analytical framework that combines discounting and construal
level theory (CLT) to explain preference reversal in consumer decision-making. The …

In this paper we study the impact of customer stochasticity on firm price discrimination
strategies. We develop a new model termed the Bayesian Mixture Scale Heterogeneity …