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Ruo-Lei Zhu

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Preprint Oct 2026

Estimation of Rational Inattention--Additive Random Utility Models

This paper develops likelihood-based estimation for parametric rational inattention--additive random utility models. We establish consistency and asymptotic normality of the exact maximum likelihood estimator and provide conditions under which the simulated estimator shares its asymptotic distribution. To implement est...

Ruo-Lei Zhu · 0 citations

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