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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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Posted ContentDOI

Wholesale Price Discrimination: Inference and Simulation

TL;DR: In this article, the effects of uniform wholesale price legislation in a local urban grocery retail market of the United States were modeled using a demand and supply model of multiple retailers' and manufacturers' oligopoly-pricing behavior.
Book ChapterDOI

Chapter 12 Estimating the Demand for Quality with Discrete Choice Models

TL;DR: In this article, the authors describe how random utility maximization (RUM) discrete choice models are used to estimate the demand for commodity attributes in quality-differentiated goods, and illustrate these concepts via a stylized application to new car purchases, in which their objective is to measure preferences for fuel economy.
Book ChapterDOI

How much work is too much? Effects of child work hours on schooling – the case of Egypt

TL;DR: In this article, the Tobit and Probit model was used to estimate simultaneous hours of work and school attendance for children aged 10-14 in Egypt, and substantial negative effects on attendance were observed above about 10 hours per week (girls) and 14 hours (boys).
Journal ArticleDOI

Multi-Category Competition and Market Power: A Model of Supermarket Pricing

TL;DR: In this paper, the authors developed a multi-category multi-seller demand model and estimate it using UK consumer data, and found that consumers inclined to one-stop (rather than multi-stop) shopping have a greater procompetitive impact because they generate relatively large cross-category effects.
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.