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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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A Joint Model for the Perfect and Imperfect Substitute Goods Case: Application to Activity Time-Use Decisions

TL;DR: In this article, a model for the joint analysis of the imperfect and perfect substitute goods case is proposed, which enables the modeling of choice situations where consumers choose multiple alternatives at the same time from a certain set of alternatives, but also choose only one alternative from among a subset of alternatives.
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Reduced-Form Versus Structural Models of Water Demand Under Nonlinear Prices

TL;DR: In this paper, the authors estimate the price and income elasticity of water demand under increasing-block prices using a structural discrete/continuous choice (DCC) model, as well as random effects and IV.
Journal ArticleDOI

Modeling trip choice behavior of the longline fishers in Hawaii

TL;DR: In this paper, a utility theoretic mixed model was applied to analyze fishers' trip choice behavior in Hawaii's longline fishery by applying a combination of the conditional and multinomial logit models, which accounts for both choice-and individual-specific attributes.
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Cost-Effective Policies to Reduce Vehicle Emissions

TL;DR: In this paper, the authors use an estimated demand system that accounts for heterogeneity to calculate and compare the lost consumer surplus from a higher tax on gasoline, a tax on distance, or a subsidy for buying a newer car.
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Private Label Imitation of a National Brand: Implications for Consumer Choice and Law

TL;DR: In this paper, the authors establish a formal nexus between brand consideration and the legal doctrine "initial interest confusion" and show that brand imitation harms the imitated brand even after controlling for brand confusion.
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.