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April 29, 2026American Economic Journal Microeconomics

A Measure of Behavioral Heterogeneity

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Authors

JAJosé ApesteguíaUniversitat Pompeu FabraMBMiguel A. BallesterIkerbasque

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Implication

Novel measure evaluates choice differences among stochastic individuals, indicating behavioral diversity levels.

Key Points

  • This research aims to develop a new measure for assessing behavioral heterogeneity within a population of stochastic individuals.
  • Introduced a choice-based measure to evaluate differences in choices between individuals.
  • Provided axiomatic foundations and a decomposition of heterogeneity into intrapersonal and interpersonal components.
  • The measure effectively captures the probability of differing choices among sampled individuals.
  • Demonstrated the distinct components of behavioral heterogeneity, enhancing understanding of individual variations.

Cite This Study

Apesteguía et al. (2026) studied this question.

synapsesocial.com/papers/69f1a08eedf4b468248071b7https://doi.org/10.1257/mic.20240239
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  1. 1A Measure of Rationality and Welfare2015 · 129 citations