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Disaggregate Tests Attack the Basic Problem
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ACCURACY relative aggregate tests attractiveness measures behavior benchmarks chi-squared test choice alternative comparing consumer demand models disaggregate models disaggregate test discriminability due logit relative dummy variables Dylan empirical example entropy equally likely model equation expected information expected value explanatory variables Figure formal criteria fundamental disaggregate honest reward function honest reward/information test HQ(A incrementally individual i chooses information due information measure information provided information test information theory INTUITIVE APPEAL Koppelman 15 Lagrange multiplier likelihood function likelihood ratio log 1/J logit analysis logit model market share proportional McFadden's p2 mode choice mode specific constants null model observed events observed information observed share p(aj parameters percent error percent of uncertainty perfect knowledge powerful null predict choice probabilities predicted market predicted probabilities preference recovery probabilistic predictions probability model random variables rank order recovery relative to N-j relative to Nq share proportional model stimuli successively more powerful theorem total uncertainty zero weights