scispace - formally typeset
Journal ArticleDOI

Discrete/continuous models of consumer demand

W. Michael Hanemann
- 01 May 1984 - 
- Vol. 52, Iss: 3, pp 541-562
About
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.

read more

Citations
More filters
Posted Content

Econometric Modeling of Differentiated Durable Goods Markets: An Application to Telephone

TL;DR: In this article, a direct utility function is proposed to specify a substitution pattern among products at the aggregate level, i.e., compatible with the intuition, which is suited for households.
Journal ArticleDOI

Competition for Exclusive Customers: Comparing Equilibrium and Welfare under One-Part and Two-Part Pricing

TL;DR: In this article, the authors compare one-part pricing and two types of twopart pricing in a general discrete-continuous choice model, providing more extensive welfare results than prior literature.
Journal ArticleDOI

A Parsimonious Structural Model of Individual Demand for Multiple Related Goods

TL;DR: In this paper, a structural model of individual demand for multiple goods which relaxes additive separability and does not suffer from a curse of dimensionality in the number of chosen goods is proposed.
References
More filters
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.