Linganisha mbinu

	Mfumo wa Matumizi Nasibu	Mlingano wa Arrow-Debreu
Nyanja	Nadharia ya Michezo	Nadharia ya Michezo
Familia	Machine learning	Machine learning
Mwaka wa asili	1974	1954
Mwanzilishi	Daniel McFadden	Kenneth Arrow, Gerard Debreu
Aina	algorithm	algorithm
Chanzo asilia	McFadden, D. (1974). Conditional logit analysis of qualitative choice behavior. In P. Zarembka (Ed.), Frontiers in Econometrics (pp. 105-142). Academic Press.	Arrow, K. J., & Debreu, G. (1954). Existence of an equilibrium for competitive economies. Econometrica, 22(3), 265-290.
Majina mbadala	Discrete Choice Model, Probabilistic Choice, Stochastic Utility	Walrasian Equilibrium, General Equilibrium, Competitive Equilibrium
Zinazohusiana	4	4
Muhtasari	The Random Utility Model explains discrete choice behavior by assuming agents derive uncertain utilities from alternatives and choose the option yielding highest utility. Introduced by Daniel McFadden in 1974, the model decomposes utility into systematic (observable) and random (idiosyncratic) components, permitting probabilistic choice predictions. The logit model, a parametric specification, yields closed-form choice probabilities that are widely used in marketing, transportation, and environmental valuation.	The Arrow-Debreu model is a general equilibrium framework where prices adjust to clear all markets simultaneously, and consumers and firms optimize given those prices. Introduced by Kenneth Arrow and Gerard Debreu in 1954, the model extends Adam Smith's invisible hand concept into a rigorous mathematical framework. Arrow-Debreu equilibrium proves existence, uniqueness (under certain conditions), and Pareto efficiency of competitive equilibria.