Journal ArticleDOI
Discrete/continuous models of consumer demand
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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.read more
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Pricing and consumer behavior in the wireless telecommunications industry
Abstract: The wireless telecommunications industry has seen extraordinary growth over the last decade and associated with the widespread adoption of wireless phone service are peculiar pricing schemes such as three-part tariffs and onnet/off-net pricing. This dissertation examines the interaction of consumer behavior and pricing schemes in the wireless telecommunications industry. Chapter 2 addresses in a theoretical model the interaction of consumers’ consumption patterns over the billing cycle with the monopolist’s provision of access. The service provider designs a menu of contracts to screen privately informed consumers who learn about their actual demand in a sequential manner over the billing period. The model shows that the distorted contracts in the profit-maximizing menu of tariff options are characterized by an increasing marginal price schedule. Three-part pricing schemes commonly observed in the wireless telecommunications industry consisting of a fixed monthly fee, an allowance of minutes and a positive marginal price for minutes consumed in excess of the allowance can be reconciled with rational consumer behavior if the consumer model accounts for the sequential consumption pattern over the billing cycle. Chapter 3 examines termination-based price discrimination, where the price a mobile customers pays for a call to a subscriber on another network
Posted Content
Never Forget Where You’re Coming From: The Role of Existing Products in Adoptions of Substituting Technologies
TL;DR: In this paper, the authors investigate how consumers' emphasis on an existing product's attributes influences their adoption of a substituting innovation, and they find that consumers' liking of existing products's attributes can prompt a negative affective reaction to the substituting technology.
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Discrete / Continuous Choice Model of the Residential Gas Demand on the Nonconvex Budget Set
TL;DR: In this article, a feasible, efficient method of demand on the nonconvex budget set was proposed and implemented using household-level data on Japanese residential gas consumption, where the Hermite-Hadamard integral inequality and the power-mean inequality were considered.
Journal ArticleDOI
A micro foundation for discrete choice models with multiple categories of goods
TL;DR: In this paper, the authors show that the results of discrete choice models are perfectly consistent with standard deterministic utility maximization, even if the total demand for a choice set changes endogenously or with multiple categories of goods.
Book ChapterDOI
Public Preferences for Climate Change Adaptation Policies in Greece: A Choice Experiment Application on River Uses
TL;DR: In this paper, a choice experiment was conducted using a face-to-face survey to examine the preferences of Konitsa's residents, a mountain settlement located in the Prefecture of Ioannina (Greece).
References
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Journal ArticleDOI
Sample Selection Bias as a Specification Error
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,Daniel McFadden +1 more
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
T A Domencich,Daniel McFadden +1 more
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.