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Journal ArticleDOI

Discrete/continuous models of consumer demand

W. Michael Hanemann
- 01 May 1984 - 
- Vol. 52, Iss: 3, pp 541-562
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This article is published in Econometrica.The article was published on 1984-05-01. It has received 786 citations till now. The article focuses on the topics: Demand curve.

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Public Sector Workers' Willingness to Pay for Education and Training: A Comparison

TL;DR: In the context of concerns about skills shortages and an ageing workforce, increased participation in education and training is often seen as a potential stimulant to increased labour force engagement as mentioned in this paper. But relatively little is known about the trade-offs made in the study and training decisions of Australian workers.
Posted Content

Introduccion a la teoría del consumidor [Introduction to Consumer Theory]

TL;DR: In this paper, the most recent topics in economic consumer theory are discussed and a review of econometric test of some topics in estimation of micro-econometric models is given.
Journal ArticleDOI

The targeted marketing of consumer durables

TL;DR: In this paper, an approach for identifying prime prospects and developing targeted marketing strategies for durables is presented and empirically illustrated using a set of major home appliances, which combines probability models for identifying segments and determining replacement potentials.
Book ChapterDOI

Limits to the Applicability of the Contingent Valuation Approach

TL;DR: The Contingent Valuation Method (CVM) is a well-established device for assessing people's preferences for public goods (see Carson et al. 1994) as discussed by the authors.
References
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Journal ArticleDOI

Sample Selection Bias as a Specification Error

James J. Heckman
- 01 Jan 1979 - 
TL;DR: In this article, the bias that results from using non-randomly selected samples to estimate behavioral relationships as an ordinary specification error or "omitted variables" bias is discussed, and the asymptotic distribution of the estimator is derived.
Journal Article

Modeling the choice of residential location

TL;DR: The problem of translating the theory of economic choice behavior into concrete models suitable for analyzing housing location and methods for controlling the size of data collection and estimation tasks by sampling alternatives from the full set of alternatives are discussed.
Journal ArticleDOI

An Econometric Analysis of Residential Electric Appliance Holdings and Consumption

Jeffrey A. Dubin, +1 more
- 01 Mar 1984 - 
TL;DR: In this paper, the authors used a subsample of the 1975 survey of 3249 households carried out by the Washington Center for Metropolitan Studies (WCMS) for the Federal Energy Administration for the purpose of testing the statistical exogeneity of appliance dummy variables typically included in demand for electricity equations.
Journal ArticleDOI

Urban travel demand - a behavioral analysis

TL;DR: In this paper, the authors integrate economic concepts of supply and demand equilibrium for urban activities using the concept of traffic equilibrium within transportation networks and describe the cutting edge in travel demand analysis using the latest methods.