diff --git a/slides.html b/slides.html index 170806cf66f7adcc2387911152a3120c7032a452..b7d3264a6ab06d448416b66014f101ebf52ef3e6 100644 --- a/slides.html +++ b/slides.html @@ -434,7 +434,7 @@ <ul> <li>When we apply RUM, we have strong assumptions on the utility function and its specification</li> </ul> -<p><span class="math display">\[ U = \beta X + \epsilon \]</span> - Estimating a RUM means that all respondents make their choices based only on the utility function</p> +<p><span class="math display">\[ U = \beta X + \epsilon \]</span></p> <ul> <li><p>Estimating a RUM usually gives us some statistically significant results</p></li> <li><p>If people do not apply to RUM, our results may get biased.</p></li> diff --git a/slides.qmd b/slides.qmd index 149643dd8ef129a83c953efab80f84273c58a775..54058cbc23c63452f569a5b34e30c1fc5ee0c884 100644 --- a/slides.qmd +++ b/slides.qmd @@ -121,7 +121,7 @@ $$ U = \beta X + \epsilon $$ - When we apply RUM, we have strong assumptions on the utility function and its specification -$$ U = \beta X + \epsilon $$ - Estimating a RUM means that all respondents make their choices based only on the utility function +$$ U = \beta X + \epsilon $$ - Estimating a RUM usually gives us some statistically significant results