• Corpus ID: 237048402

Identification of Incomplete Preferences

@inproceedings{Rigotti2021IdentificationOI,
  title={Identification of Incomplete Preferences},
  author={Luca Rigotti and Arie Beresteanu},
  year={2021}
}
We provide a sharp identification region for discrete choice models in which consumers’ preferences are not necessarily complete and only aggregate choice data is available to the analysts. Behavior with non complete preferences is modeled using an upper and a lower utility for each alternative so that non-comparability can arise. The identification region places intuitive bounds on the probability distribution of upper and lower utilities. We show that the existence of an instrumental variable… 

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