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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Vehicle Choices, Miles Driven, and Pollution Policies
TL;DR: A behavioral model of household choices about vehicles and miles traveled and proposes a consistent estimation method for both discrete and continuous demands in one step, to capture the interactive effects of simultaneous decisions.
Journal ArticleDOI
A discrete-continuous model for multicategory purchase behavior of households
TL;DR: In this paper, the authors provided an integrated utility-maximizing framework for households' multicategory purchase incidence, brand choice, and purchase quantity decisions, which accounts for both coincidence and complementarity/substitutability across categories.
Journal ArticleDOI
Discrete choice models with multiplicative error terms
Mogens Fosgerau,Michel Bierlaire +1 more
TL;DR: In this article, the conditional indirect utility of many random utility maximization (RUM) discrete choice models is specified as a sum of an index V depending on observables and an independent random term P. This is consistent with the notion that choice makers may sometimes evaluate relative differences in V between alternatives rather than absolute differences.
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A latent class approach to tourists’ length of stay ☆
TL;DR: In this article, a conditional demand function is estimated for the length of stay at a tourist destination using a latent class truncated Poisson regression model, where a distinction is made between two segments with a preference for either a longer or shorter holiday.
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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.