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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Measuring the Recreational Value of Open Space
Aliza Fleischer,Yacov Tsur +1 more
TL;DR: In this article, the authors developed aggregate measures of the recreational value of types of open space when data on individual site visitation are not available, using travel cost expenses as a proxy for willingness to pay.
Journal ArticleDOI
Product Attributes and Models of Multiple Discreteness
TL;DR: The approach to an ideal point and pure Lancasterian versions of the nonlinear utility model are compared and the data support the model over either the ideal point or Lancasterian variants.
Journal ArticleDOI
Valuing Food Store Access: Policy Implications for the Food Stamp Program
TL;DR: Policy alternatives include limiting food stamp redemption to larger stores and subsidizing store development, which results in losses ranging from $499.2 million to $1.05 billion and the impact of improving access is also significant.
Posted Content
Household Demand for Improved Water Services in Ho Chi Minh City: A Comparison of Contingent Valuation and Choice Modeling Estimates
TL;DR: In this article, the authors assess the willingness of people in Ho Chi Minh City, Vietnam to pay for improvement in their water supply system and investigate what aspects of water supply, such as quality and water pressure, are most important.
Journal ArticleDOI
Determinants of Farmers’ Willingness to Pay and Its Level for Ecological Compensation of Poyang Lake Wetland, China: A Household-Level Survey
Fanbin Kong,Kai Xiong,Ning Zhang +2 more
TL;DR: In this article, the determinants of farmers' willingness to pay (WTP) and their payment levels for ecological compensation of the Poyang Lake Wetland in China were examined. And the results revealed that 46.58% of farmers are willing to pay ecological compensation with an average price of $64.39/household per year.
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.
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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.