A dynamic model for qualitative choice behaviour. I implications for the analysis of labour force participation when he total supply of labour is latent

Abstract

The present report is a contribution to the theory of individual choice behaviour when the choices are made at different points of time and the alternatives are discrete. With the analysis of labour supply in mind the theory is modified to cover the case where the set of available alternatives from which each individual chooses is not observed. This work was partly supported by the Norwegian Research Council for Science and the Humanities. Part of the research was done while the author was visiting the Department of Statistics, University of California, Berkeley.