Virtual Microeconomics Seminar 2022-2023
joint with the Département de sciences économiques, Université de Montréal
Organizer : Lars Ehlers (U. of Montreal)
Please contact the organizer if you would like access.
RÉSUMÉ : In this paper we propose a novel way to measure behavioral heterogeneity in a population of stochastic individuals. Our measure is choice-based; it evaluates the probability that, over a sampled menu, the sampled choices of two sampled individuals differ. We provide axiomatic foundations for this measure, and a decomposition result that separates heterogeneity into its intra- and inter-personal components.