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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Exploratory analysis of prospects for renewable energy private investment in the U.S.
Francisco X. Aguilar,Zhen Cai +1 more
TL;DR: In this paper, the authors explored the opportunities for private investments in renewable energies using a stated-preference investment allocation instrument and found that certainty of investments, a diversified portfolio and expectation on financial returns were the primary drivers behind funds allocated to renewable energy investments.
Journal ArticleDOI
A joint discrete-continuous model considering budget constraint for the continuous part: application in joint mode and departure time choice modelling
TL;DR: In this article, an econometric modelling framework for a discrete-continuous choice structure is presented, which ensures random utility maximization approach for both discrete and continuous decisions and explicit correlation between the two choices.
Journal ArticleDOI
Identification and Semiparametric Estimation of Equilibrium Models of Local Jurisdictions
TL;DR: The authors developed a new model of household sorting in a system of residen tial neighborhoods and showed that this model is partially identified without imposing parametric restrictions on the distribution of unobserved tastes for neighborhood quality and the shape of the indirect utility function.
Journal ArticleDOI
Modelling contact mode and frequency of interactions with social network members using the multiple discrete–continuous extreme value model
TL;DR: The present study aims to understand the determinants of the communication patterns between people and their social network members and shows that in spite of people having increasingly geographically widespread networks, a strong underlying preference for face-to-face contact remains.
Journal ArticleDOI
The Fans’ Perception of Competitive Balance and Its Impact on Willingness-to-Pay for a Single Game:
TL;DR: The economics literature related to the uncertainty of outcome hypothesis reopens the discussion of whether the fans' perceptions of competitive balance are in line with Rottenberg's and Neale's as discussed by the authors.
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.