Random choice theory has traditionally modeled choices over a -nite number of options. This thesis generalizes the literature by studyingthe limiting behavior of choice models as the number of optionsapproach a continuum.The thesis uses the theory of random elds, extreme value theoryand point processes to calculate this limiting behavior. For a numberof distributional assumptions, we can give analytic expressions forthe limiting probability distribution of the characteristics of the bestchoice. In addition, we also outline a straightforward extension to ourtheory which would signicantly relax the distributional assumptionsneeded to derive analytical results.Some examples from commuting research are discussed to illustratepotential applications of the theory.
Identifer | oai:union.ndltd.org:UPSALLA1/oai:DiVA.org:su-89917 |
Date | January 2013 |
Creators | Malmberg, Hannes |
Publisher | Matematiska institutionen, Stockholm : Department of Mathematics, Stockholm University |
Source Sets | DiVA Archive at Upsalla University |
Language | English |
Detected Language | English |
Type | Licentiate thesis, comprehensive summary, info:eu-repo/semantics/masterThesis, text |
Format | application/pdf |
Rights | info:eu-repo/semantics/openAccess |
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